UBS Chairman Says Basel III Tougher Than Seems, Le Temps Reports

UBS AG Chairman Kaspar Villiger said the Basel III regulations are “tougher than they appear,” Le Temps reported, citing a meeting with Swiss newspapers.

Villiger, 70, declined to talk about a successor, the Geneva-based newspaper said, adding that the implementation of the bank’s strategy isn’t complete.

To contact the reporter on this story: Warren Giles in Geneva at

To contact the editor responsible for this story: Frank Connelly at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.