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UBS increasing capital by $25bn is right level, say Swiss authorities

The comments mark the latest in a war of words between the industry and regulators over how to shore up banks

UBS chair Colm Kelleher has warned that if you have too much capital, you punish shareholders and customers
UBS chair Colm Kelleher has warned that if you have too much capital, you punish shareholders and customers Photo: Chan Long Hei/Getty Images

Forcing UBS to hold some $25bn more in capital would be the "right" level, according to Swiss lawmakers.

Earlier in April, local authorities outlined plans for more robust capital requirements on the Swiss lender, estimating at least $15bn more in reserve was needed to secure what is now the country's key banking asset.

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