Big banks in Switzerland could be hit with tougher capital requirements, according to a Bloomberg report on Tuesday. The country’s finance ministry is said to be planning to require the banks to hold capital equal to 5% of total assets, in a move seen as copying the U.S. leverage ratio for large lenders. The 5% exceeds the 3% leverage-ratio minimum set by the Basel Committee on Banking Supervision, according to Bloomberg, citing people close to the deliberations. Switzerland’s expected move towards stricter capital rules comes after UBS Group AG and Credit Suisse Group AG tried to win easier terms, the report said.
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