- UBS Group (UBSG) CEO Sergio Ermotti said Switzerland’s proposed extra CET1 capital would cost UBS about $22 billion, calling the requirement extreme and excess capital.
- UBS (UBSG) says Credit Suisse integration will continue through 2026, citing operational execution risks, potential cost and liability increases, and Swiss regulatory and capital implications.
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Key facts: UBS (UBSG) says $22bn CET1; Credit Suisse integration 2026
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UBS Group (UBSG) CEO Sergio Ermotti said Switzerland’s proposed extra CET1 capital would cost UBS about $22 billion, calling the requirement extreme and excess capital.UBS (UBSG) s