UBS Capital Rules Turn Safety Into a Business Model Test
Swiss capital reform could make UBS safer, but the choice between CET1 and AT1 will reshape returns, pricing and the bank’s global strategy.
Swiss capital reform could make UBS safer, but the choice between CET1 and AT1 will reshape returns, pricing and the bank’s global strategy.
A reported $15 billion trading loss is forcing regulators to examine how prime brokerage, margin and concentrated leverage can move market stress into bank balance sheets.