Background and UBS’s position
As a major company, Switzerland’s third-largest private employer and a significant lender to Swiss households and companies, UBS is committed to actively contributing its position to the ongoing regulation debate on Swiss banking stability. On this page you find material that details our views on the matter and how UBS is a positive factor for the Swiss economy.
Our position in short
UBS supports measures to further strengthen Swiss financial stability, but opposes the proposed capital measures because they are not proportionate, targeted or internationally aligned. The proposals do not adequately address the lessons learned from the Credit Suisse crisis.
If implemented, the proposals would put UBS at a significant disadvantage internationally, as UBS would have at least 50% higher capital requirements than its competitors in Europe and the US. These excessive requirements would lead to very high costs for the bank and weaken the Swiss financial center and the economy.
UBS continues to engage in the debate and participates in the consultation processes. We remain committed to our globally diversified business model and unique regional footprint. As the largest truly global wealth manager and leading bank in Switzerland, with competitive global investment bank and asset management capabilities, we bring financial stability, expertise, economic benefits and international know-how to our home market Switzerland and our clients globally.
We want to continue to operate as a successful global bank out of Switzerland and are convinced that we can offer a lot to our Swiss clients and international clients by operating in this way. And we believe that we are also, through that, a good factor for the Swiss economy.
Consultation responses and position papers
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