UBS Shares Rise on Report Swiss May Ease Part of Capital Package

UBS Group AG shares rose after Reuters reported that the Swiss government was considering easing part of a bank regulation package that would add billions to the lender’s capital requirements.

The potential softening relates to planned changes for valuing deferred tax assets and software, the newswire said, citing three people familiar with the matter that it didn’t identify. The government estimated in June that such changes would add some $3 billion in capital requirements to the lender.

A far more onerous proposal requiring UBS to fully back its foreign subsidiaries to the tune of more than $20 billion will still ...