Updated
Updated · Bloomberg · May 4
Swiss lawmakers begin closed-door hearing on bill shaping UBS future
Updated
Updated · Bloomberg · May 4

Swiss lawmakers begin closed-door hearing on bill shaping UBS future

7 articles · Updated · Bloomberg · May 4
  • Thirteen members of the Upper House’s Economic Affairs and Taxation Committee meet in Bern from 10:15 local time on Monday.
  • The session is expected to set the terms for a wider parliamentary debate on the legislation, with the chamber due to vote first on the bill.
  • That vote could come as early as June, marking the formal start of a legislative process with significant implications for UBS Group AG.
With lawmakers considering weaker reforms, are Swiss taxpayers being protected or exposed to another 'too big to fail' crisis?
Is UBS's threat to leave Switzerland a credible warning or a high-stakes bluff to weaken financial regulation?
As UBS fights Swiss regulations, could a US lawsuit over Nazi-era accounts become its most expensive battle?