UBS, three Chinese banks face higher capital surcharges

- By Joshua Walker
- 28 Nov 2023

Four banks will face higher capital requirements from January 1, 2025, following the yearly assessment of global systemically important banks (G-Sibs) by the Financial Stability Board (FSB).

Agricultural Bank of China (ABC), China Construction Bank (CCB) and UBS were moved to a higher surcharge bucket on November 27, a sign their systemic footprint increased over 2022. All three banks were

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