Swiss National Bank Confirms UBS Has Sufficient Capital to Meet Government Requirements

According to the Swiss National Bank, UBS Group has adequate capital to satisfy new requirements proposed in ongoing government-led reforms. The SNB's report indicated that during the transition period, UBS is expected to meet the new requirements while continuing dividend distributions to shareholders. UBS maintains reserves of $9 billion at its Swiss domestic entities, which the SNB said is sufficient to meet the proposed requirements.
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