UBS AT1 Investors Get a Win as Swiss Plans Hold Off On Reform
As UBS Group AG blasted the Swiss government’s plans on tougher banking rules, its riskiest bonds gained in value thanks to one sentence in the announcement.
ORIGINAL SOURCE →via Bloomberg Markets
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · CH
- [FINANCE] Roche CEO laments Swiss franc strength as drugmaker doubles down on U.S. investment
- [NATURAL] Concert Pays Tribute to Swiss Fire Disaster Victims
- [FINANCE] Swiss central bank posts Q1 loss of 498 million Swiss francs - TradingView
- [FINANCE] Swiss central bank posts Q1 loss of 500 million Swiss francs - Reuters
- [CONFLICT] Roche First-Quarter Sales Drop, Hurt by Copycats and Currencies
- [CONFLICT] Nestle Sales of Snacks and Coffee Offset Formula Recall Impact