Big news about UBS, a giant Swiss bank! After Credit Suisse had problems, UBS bought it. Now, Switzerland wants UBS to have more money saved, like a super-big piggy bank, to be safe. This is to prevent another big bank problem.
- Switzerland wants UBS to hold more money to be safe.
- They're deciding how much extra money UBS needs.
- This decision might be delayed until 2028.
- Other countries are making their rules less strict.
Fact | Number |
---|---|
Possible extra money UBS needs | $15 billion - $25 billion |
UBS share price increase since buying Credit Suisse | 80% |
UBS share price drop on Thursday | More than 1.5% |