Swiss finance minister criticizes parliament's move to weaken UBS capital requirements

Swiss Finance Minister Karin Keller-Sutter publicly criticized lawmakers for a compromise proposal that would soften planned capital requirements for UBS, arguing it favors the bank over taxpayers. The move signals a political rift over post-Credit Suisse regulation, with the final outcome uncertain as parliament debates. This matters because it could determine the resilience of Switzerland's banking sector and set a precedent for global 'too-big-to-fail' regulation.