UBS Shares Surge as Lawmakers Push for Weaker Capital Rules
4:11
YouTubeBloomberg Television
UBS Shares Surge as Lawmakers Push for Weaker Capital Rules
A group of influential Swiss lawmakers proposed watering down the capital demands that the country wants to impose on UBS Group AG, sending shares to a 17-year high as investors bet the initiative will ultimately pave the way for a compromise. UBS had said the original plan could hurt the bank and economy. Bloomberg's Sridhar Natarajan reports ...
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