UBS Trading Volume Surges 205% to 2.40 Billion, Ranks 351st in Market

On June 6, 2025, UBS Group AG saw a significant surge in trading volume, with a turnover of 2.40 billion, marking a 205.46% increase from the previous day. This surge placed UBS at the 351st position in the day's stock market rankings. The stock price of UBS rose by 2.34%, marking the second consecutive day of gains, with a total increase of 2.38% over the past two days.

UBS Group AG is grappling with a substantial capital demand from the Swiss government, which proposes up to $26 billion in fresh capital requirements. This demand is part of broader banking reform proposals aimed at enhancing the resilience of the financial system. The Swiss Federal Council has mandated that UBS fully back the capital in its foreign subsidiaries at the parent bank, potentially requiring an additional $23 billion in capital for its Swiss-based main unit. The remainder would come from other measures, such as a reduction in the use of convertible debt, or AT1s, as capital.

The phase-in period for these capital requirements could extend until 2035, providing UBS with ample time to comply. However, the bank has argued that these measures are an overreaction to the collapse of Credit Suisse in 2023, potentially putting UBS at a disadvantage compared to global peers and impacting its plans for investor payouts. Despite the challenges, UBS has indicated that it has various ways to mitigate the impact of these changes, including upstreaming capital from overcapitalized subsidiaries.

The Swiss government has also proposed new rules for capital quality, which will update how banks quantify intangible items such as deferred tax assets and in-house software. These changes are expected to add up to a potential increase of $3 billion and are planned to be implemented via an ordinance that does not require lawmakers' sign-off, potentially taking effect as early as mid-2026. The finalized draft of the adjusted law, including details on the phase-in period, is expected to be published in the fall and debated by parliament in 2027, with the new law likely not taking effect before 2029.