RegulatoryApr 29, 2026, 07:02 AM
UBS: Swiss Regulators Propose $22B Additional CET1 Capital for UBS AG
AI Summary
UBS Group AG filed its 31 March 2026 Pillar 3 Report, detailing capital adequacy, risk-weighted assets, and liquidity. The report highlights significant Swiss regulatory amendments, including a proposal for UBS AG standalone to hold approximately $22 billion in additional CET1 capital due to changes in capitalized software treatment, prudential valuation adjustments, and full deduction of foreign subsidiary investments. The Swiss National Bank also introduced an Extended Liquidity Facility. UBS shareholders approved a $1.10 per share dividend, and the company repurchased $0.9 billion in shares during Q1 2026.
Key Highlights
- Swiss regulators propose $22bn additional CET1 capital for UBS AG standalone.
- Total incremental CET1 capital for UBS Group could reach $37bn.
- Swiss National Bank introduced Extended Liquidity Facility (ELF), operational early 2027.
- Shareholders approved $1.10 per share dividend on April 15, 2026.
- Repurchased $0.9bn of shares in Q1 2026; targeting $3bn by July 2026.
- CET1 capital increased $2.1bn to $73.3bn.
- Total RWA increased $7.0bn to $500.4bn.
- Common equity tier 1 ratio rose to 14.65% from 14.44%.