09:23 AM EDT, 09/25/2026 (MT Newswires) -- UBS Group (UBSG.SW) is said to be exploring ways to avoid new Swiss banking rules, including a possible merger with a foreign lender, US news platform Semafor reported Friday, citing people familiar with the matter. Earlier this week, Swiss lawmakers voted in favor of a proposal requiring the Swiss bank to back its foreign units with 90% common equity tier 1 ⁠capital, a move that UBS said "fails to address the root causes" of the 2023 collapse of Credit Suisse. UBS did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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