Market Chatter: Swiss Lawmakers Propose Lower UBS Capital Requirement

03:48 AM EDT, 09/01/2026 (MT Newswires) -- UBS (UBS) should back its foreign subsidiaries with 50% common equity Tier 1 capital, rather than the 100% sought by the Swiss government, Reuters reported Monday, citing a Swiss parliamentary committee. The report said the committee proposed allowing UBS to use additional tier 1 capital for the remaining 50%. UBS would also face restrictions on dividends, share buybacks and bonuses if its CET1 ratio falls below about 11%, it added. The proposal must still be approved by Switzerland's upper house and then considered by the lower house, Reuters said, adding that a final decision could come by year-end or in 2027. UBS did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)