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UBS Already Meets Proposed Swiss Capital Rules, SNB Says

UBS ALREADY HAS ENOUGH CAPITAL TO MEET PROPOSED SWISS REFORMS, CENTRAL BANK SAYSTurns out UBS has been ahead of the curve all along.The Swiss National Bank said Thursday that the banking giant already holds enough capital to satisfy the tougher rules regulators are pushing through in response to Credit Suisse’s collapse — a finding that takes some of the heat…

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