Oct 31st, 2024
UBS Capital Level Depends on ‘Resolvability’: Keller-Sutter
Swiss Finance Minister Karin Keller-Sutter said that the level of extra capital that UBS Group will have to maintain against its foreign units, “depends on the resolvability of UBS.” Speaking at a Bloomberg event in Zurich on Thursday, Keller-Sutter declined to say how much more capital will be needed, as the amount hasn’t been decided yet.
