Swiss National Bank Vice Chair Says Federal Council Measures on UBS Group 'Appropriate, Targeted'

07:21 AM EST, 12/11/2025 (MT Newswires) -- Swiss National Bank (SNBN.SW) Vice Chair Antoine Martin affirmed the "appropriate and targeted" banking regulation proposals for UBS Group (UBSG.SW), Reuters reported Thursday. Martin added that the package announced by the Swiss Federal Council, which would require the Swiss banking giant to hold up to $24 billion in additional capital, was "neither extreme nor excessive." Back when it was announced in June, UBS said it "strongly disagrees with the extreme increase in capital requirements." Recently, Reuters reported unnamed sources as saying that the Swiss government is preparing to ease some of the measures that it has direct control over, such as the valuation of deferred tax assets and software.