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Swiss Parliament’s Upper House Backs Plan to Ease New Capital Demands on UBS

Under the proposal, the bank would be required to hold 90% in top-tier capital against its foreign subsidiaries, down from 100% the government previously planned.

Swiss Parliament’s Upper House Backs Plan to Ease New Capital Demands on UBS

We haven't written up this one. WSJ Markets has the full story — the link below goes straight to it.

Read the original at wsj.com →

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