UBS Shares Surge as Lawmakers Push for Weaker Capital Rules

REACHING $100,000 A YEAR IN SOME PLACES. MORE PEOPLE ARE QUESTIONING THE VALUE OF THAT HIGHER EDUCATION. UBS SHARES ARE HITTING A 17 YEAR HIGH AFTER GROUP OF INFLUENTIAL SWISS LAWMAKERS PROPOSED WATERING DOWN THE CAPITAL REQUIREMENTS FOR THE BANK.THE PROPOSAL WOULD ALLOW UBS TO USE JUNIOR DEBT, SO-CALLED AT-1 BONDS. I WANT TO BRING IN OUR CHIEF WALL STREET CORRESPONDED AT THE DESK. THIS IS AN IMPORTANT STORY ON SO MANY LEVELS, ESPECIALLY FOR OUR VIEWERS AND CLIENTS.IT MEANS UBS PROBABLY WILL NOT MOVE TO NEW ...