UBS(US:UBS) Zhi Tong Cai Jing·2025-12-12 12:21Group 1 - Swiss lawmakers proposed a compromise on new capital rules for UBS Group to ensure its international competitiveness, leading to a rise in the bank's stock price to its highest level since 2008, with a pre-market increase of over 1.5% to $43.3 [1] - The Swiss government previously suggested that UBS, after acquiring the failing Credit Suisse in 2023, should increase the capital adequacy ratio of its foreign subsidiaries to 100% from the current 60% to cover potential overseas losses [1] - Following media reports of the compromise proposal by a group of lawmakers, UBS's stock price has doubled since the acquisition of Credit Suisse [1] Group 2 - The proposal supports setting the world's strictest capital rules for UBS, emphasizing that the gap between these regulations and those of major financial centers should not be so large as to affect competitiveness [2] - The plan also includes a suggestion to limit investment banking activities to 30% of the bank's risk-weighted assets on its balance sheet, with UBS stating that the proposal is more constructive than the government's extreme approach [3] - The Swiss Finance Ministry has submitted its proposal and will decide how to proceed in due course, with reports indicating that the government is prepared to soften some of the new regulations [3]