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UBS faces capital hike from credit model curbs

Bank estimates Sfr35 billion jump in RWAs from Basel III, with credit modelling one driver, says CRO Bluhm

Swiss francs

Switzerland’s banks will suffer more than their peers when the ability to model credit risk capital requirements is constrained by incoming rules, according to the chief risk officer of UBS, Christian Bluhm.

The Swiss bank regulator, Finma, had previously encouraged the country’s banks to apply the most advanced modelling approaches as widely as possible, Bluhm says in a Risk.net interview, to be

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