How UBS's Capital Conundrum Is Moving Into Hot Phase: QuickTake
When UBS Group AG bought Credit Suisse a little over two years ago, some dubbed it the 'deal of the century.' But the full cost of the takeover for the largest global wealth manager is only now about to emerge.
Switzerland plans to unveil the outlines of a draft law Friday that will set the framework for how much in additional capital UBS will hold as a result of its increased size following the government-engineered deal in early 2023. A demand of as much as $25 billion is possible, analysts say, potentially crimping UBS's ability to pay out money to investors.
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