1449 GMT - UBS Group could get help from a proposal from Swiss lawmakers for less drastic capital requirements than initially planned, but uncertainty looks set to continue, J.P. Morgan'sKian Abouhossein and Amit Ranjan say in a research note. The proposal moves the debate in a helpful direction for UBS, but the final outcome will remain uncertain until the second quarter of next year at the earliest, JPM says. In a scenario in which UBS would be able to absorb through AT1 bonds up to half of its capital needs to cover its foreign subsidiaries, the bank would only need about $400 million in additional CET1 capital, according to JPM. This compares with $20.4 billion in a scenario of full deduction from CET1 capital only, the analysts say. Shares fall 0.1%. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

December 15, 2025 09:49 ET (14:49 GMT)

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