INTERVIEW - Leading banking professor warns parliament against watering down UBS proposal: "Today's UBS is structured like CS"
Corinne Zellweger-Gutknecht considers the proposals of influential councilors of states in the capital debate to be dangerous. In the interview, she says how the large bank can be made crisis-proof.
Corinne Zellweger-Gutknecht, a representative of UBS, criticizes proposals by influential Swiss senators in the capital debate as hazardous. She suggests that the bank can be made crisis-proof through a reform proposal she and Yvan Lengwiler submitted. The proposal aims to address weaknesses in the current regulation of AT1 bonds and ensure that UBS's foreign subsidiaries are fully financed with equity capital.
Zellweger-Gutknecht argues that the current structure and capital requirements of UBS are not aligned, posing risks to the bank's stability.
Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
