Deutsche Bank: New Swiss regulations will result in capital constraints for UBS
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```htmlGolden Finance April 23|Deutsche Bank stated that after the Swiss Federal Council proposed measures to tighten banking regulations, UBS will need to hold $22 billion in distressed capital. This capital requirement is jointly caused by the new decree announced on Wednesday and proposals regarding foreign subsidiaries. Analyst Benjamin Goy wrote that, after acquiring Credit Suisse, the new regulations have increased the additional capital UBS must hold to about $37 billion, which is clearly not the condition UBS agreed to when stepping in to rescue Credit Suisse. He added: "We believe UBS can balance the approximately $12 billion incremental capital accumulation required and will significantly increase capital returns in the future." The analyst pointed out that this is based on expected growth in net profit and capital generation over this year and next.```
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