According to the Swiss newspaper Blick on Sunday, a number of large foreign banks have indicated their intention to merge or integrate with UBS Group. At least eight banks have expressed interest in UBS. The Swiss Federal Assembly voted on Wednesday to pass stricter capital regulation rules, a blow to UBS. The bank estimates that the new regulations may require it to hold an additional capital of about 18 billion US dollars.

According to the Swiss newspaper Blick on Sunday, a number of large foreign banks have indicated their intention to merge or integrate with UBS Group. At least eight banks have expressed interest in UBS. The Swiss Federal Assembly voted on Wednesday to pass stricter capital regulation rules, a blow to UBS. The bank estimates that the new regulations may require it to hold an additional capital of about 18 billion US dollars.