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Thursday, September 24, 2026
Home BankSwiss National Bank says 90% CET1 backing for UBS a good outcome

Swiss National Bank says 90% CET1 backing for UBS a good outcome

by Ainam
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A logo of UBS in front of a Swiss flag on the Swiss Parliament building (Bundeshaus) ahead of a press conference on Swiss banks’ capital requirements in Bern, Switzerland, April 22, 2026. REUTERS

BERN, Sept 24 (Reuters) – A 90% Common Equity ​Tier 1 backing ‌for UBS’s  foreign units is a ​good amount, SNB ​Vice Chairman Antoine Martin ⁠said on ​Thursday, a day ​after Switzerland’s upper house of parliament voted on new ​banking regulations.

More ​backing of foreign participations with ‌CET1 ⁠capital is better from a financial stability perspective, ​Martin added, ​reiterating ⁠the central bank’s previous ​position.

Full backing with ​100% ⁠CET1 capital would have been ⁠even ​better, Martin ​said.

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Reporting by Ariane Luthi, editing ​by John Revill

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