UBS Chair Says Swiss Regulator, Central Bank Demands Amount to 50% Capital Hike - WSJ
1. UBS faces a proposed 50% capital increase by Swiss regulators. 2. The increase follows reforms after Credit Suisse's takeover by UBS. 3. Kelleher opposes excessive capital requirements, calling them extreme. 4. UBS supports measures from the Swiss Federal Council, except capital focus. 5. The new requirements could hurt UBS's competitive edge globally.