The Swiss National Bank (SNB) supports the federal government’s measures to strengthen the capitalisation of UBS’s foreign holdings. The loss potential for the big bank under the various stress scenarios remains substantial. +Get the most important news from Switzerland in your inbox Swiss bank UBS already fulfils the “too-big-to-fail” capital requirements that will be implemented by 2030, writes the SNB in its Financial Stability 2025 report published on Thursday. However, the current regulation overestimates the actual resilience of the bank due to the only partial backing of the foreign subsidiaries. The SNB argues it’s important to address this weakness. Substantial profits from 2026 UBS was able to improve its profitability last year thanks to higher revenues in all divisions, the SNB writes further. This is without the “negative goodwill” from the Credit Suisse takeover. At the same time, the bank’s profitability continues to be burdened by the integration of Credit Suisse.
