UBS Is Said to Face $20 Billion Capital Hit Under Swiss Plan (1)

<-bsp-bb-link state="{"bbHref":"bbg://securities/UBSG%20SW%20Equity/FA","_id":"0000018e-e67f-d583-afbf-e6ff00fc0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">UBS Group AG faces an increase in regulatory capital requirements that could reach around $20 billion under reforms proposed in the wake of the collapse of Credit Suisse.

Swiss Finance Minister <-bsp-person state="{"_id":"0000018e-e67f-d583-afbf-e6ff00fd0000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Karin Keller-Sutter is aiming for systematically important lenders to have full capital backing against their foreign units, according to a person familiar with the matter. For UBS, the changes would likely translate into a capital hit in the middle of the $15 billion to $25 billion range that analysts and media have estimated, the person said, asking not to be identified discussing internal deliberations.

UBS shares fell as much ...