UBS Can Meet Half of New Capital Need Via AT1, Lawmakers Say
A key panel of the Swiss parliament said UBS Group AG should be able to meet half of its new capital requirements by using convertible bonds known as AT1s, handing an interim win to the Zurich-based bank.

<p>A key panel of the Swiss parliament said UBS Group AG should be able to meet half of its new capital requirements by using convertible bonds known as AT1s, handing an interim win to the Zurich-based bank.</p>