Swiss upper house votes in favor of UBS backing foreign units with 90% CET1 capital - report (UBS:NYSE)
· seekingalpha.com
Switzerland's upper house voted in favor of bank capital rules that are expected to require UBS Group (UBS) to back its foreign units with 90% of common equity Tier 1 capital, Reuters reported on Wednesday.
Switzerland's upper house voted in favor of bank capital rules that are expected to require UBS Group (UBS) to back its foreign units with 90% of common equity ...