New capital requirements for Swiss banks will slow growth at UBS, says finance minister

ZURICH - The Swiss government's proposed tougher capital requirements for the banking industry will impact UBS's ability to grow, the country's finance minister said in an interview published on Saturday.

"If we adjust this regulation now, it will have consequences for the growth and size of UBS," she said. In the interview, Keller-Sutter again criticised UBS CEO Sergio Ermotti's pay package, which last year amounted to 14.4 million Swiss francs .JPMorgan again warns investors about "uncertain" year ahead. Big banks issue mixed profit reports

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