Switzerland

UBS faces US$20 billion hike in capital needs as Swiss split grows

The government will continue to let the lender count deferred tax assets towards its regulatory capital

UBS says the tightening of rules by Switzerland can make it carry US$22 billion in extra capital.

Swiss to issue capital rules for UBS that can alter bank’s future

The government insists the overhaul is necessary for financial stability

The poll found 94 per cent of respondents felt minors should be better protected from the damaging effects of social media.

Swiss back tougher social media rules for minors: survey

Neighbouring Austria is planning to ban users under 14 from social media

From left: Soo Haw Yun, EDB vice-president for global enterprises; Frank Grutter, Swiss ambassador to Singapore; Richard Yu, Endress+Hauser Singapore managing director; and Henry Chia, Endress+Hauser corporate sales director.

Swiss company Endress+Hauser launches tech and calibration centre in Singapore – its first in Asia

It plans to invest 10% of revenue annually in developing new products and technology

Additional capital requirements of as much as US$26 billion are being discussed to make UBS more resilient in the event of a future crisis.

UBS set to face Swiss government decision on capital in April

The state will also decide on a proposal for capital backing of the lender’s foreign units

UBS CEO Sergio Ermotti received variable pay of 12.1 million francs (S$19.7 million), boosting his overall compensation for the year 2025 to 14.9 million francs.

Top bankers win reprieve as Swiss lawmakers reject bonus ban

Parliament’s upper house topples the proposed Bill with a 32 to 9 majority

UBS' group-wide bonus pool stood at US$5.1 billion in 2025, compared with US$4.7 billion in 2024.

UBS boss Ermotti’s pay stays at US$19.1 million in 2025

His salary is politically sensitive, as high bonuses for banking chiefs have triggered backlash by Swiss officials in the past

The Swiss National Bank wears the scars of several fierce market battles over the years, generally not of its own making.

The frank warning from Switzerland on the US dollar

If the greenback continues to slide with cuts in interest rates, countries will be forced to take action

The manufacturers of watches, machines and precision instruments were among the sectors hit hardest by the 39% US tariff on Switzerland.

Swiss watch exports return to growth after US eases tariffs

Exports have gained 3.3% in December from a year before, reaching 2.1 billion Swiss francs

UBS said AT1 instruments should be strengthened and handled in line with practice followed in the EU and Britain.

UBS rejects proposed Swiss bank rules, moots less costly alternatives

The lender warns the proposal would add huge costs and threaten the continuation of its successful business model