UBS Group AG (UBS.US) has launched a stock buyback plan of up to $2 billion.

UBS Group AG (UBS.US) announced on Monday that it is launching a stock buyback plan of up to $2 billion. The bank expects the buyback to begin on July 1st and added that the plan had been previously disclosed. The bank reiterated that it will "clarify its capital return target for 2026" when announcing its fourth quarter and full-year financial performance for 2025. Earlier this month, the Swiss government proposed a series of new banking rules that are estimated to increase UBS Group AG's capital requirements by as much as $26 billion. Analysts subsequently warned that this could weaken the bank's ability to pay dividends to investors. The implementation of the new capital rules could last for much of the next decade, and with Switzerland's complex legislative process, these rules may continue to evolve. It is understood that in 2023, the Swiss government facilitated the acquisition of Credit Suisse by UBS Group AG. The resulting giant Financial Institutions, Inc. is of a massive scale and complex structure, making it difficult for Switzerland to handle similar crises on its own. Therefore, the Swiss government is continuously taking measures to force this bank to increase its capital reserves.