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投资者称:UBS应因资本规定离开瑞士UBS Should Quit Switzerland Over Capital Rules, Investor Says

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瑞银集团股东Artisan Partners敦促这家瑞士银行离开该国,称更严格的资本规定使该行面临“严峻现实”。

By Libby Cherry UBS Group AG shareholder Artisan Partners urged the Swiss bank to leave the country, saying the lender faces a “grim reality” with stricter capital rules.

Artisan Partners的投资组合经理(包括Daniel O’Keefe)周三在致UBS董事会的一封信中写道:“事实很简单,瑞士已不再是UBS具有吸引力或适宜发展的所在地。”

“The simple fact is that Switzerland is no longer an attractive or desirable location for UBS,” Artisan Partners portfolio managers including Daniel O’Keefe wrote in a letter to UBS’s board on Wednesday.

Artisan Partners表示,它代表客户合计管理逾6000万股UBS股票,约占UBS已发行股份总数的1.8%。

Artisan Partners said it collectively manages more than 60 million UBS shares on behalf of clients, or about 1.8% of UBS’s total shares outstanding.

本月早些时候,瑞士联邦院出人意料地支持了一项计划。UBS称,该计划将要求其额外筹集160亿美元普通股一级资本(CET1)。该计划接下来将交由国民院审议,仍有可能被削弱,而且预计明年之前不太可能作出决定。

Earlier this month, Switzerland’s upper house of parliament, or Council of States, unexpectedly backed a plan that the bank has said will require an additional $16 billion in CET1 capital. The next round moves to the lower house where the plan could yet be watered down, and a decision is unlikely before next year.

Artisan Partners在信中估计,此举可能使UBS损失约360亿美元市值。他们表示,如果该行位于资本规定与瑞士现行规定类似的司法管辖区,这笔资本便可用于创造15%的回报。

Artisan Partners estimated that the move could amount to around $36 billion of forgone market capitalization, according to the letter. If the bank were to be located in a jurisdiction with rules similar to Switzerland’s current regulation, that capital could be put to work to generate a 15% return, they said.

Artisan Partners此前也曾游说瑞士其他公司进行战略调整,例如诺华股份公司(Novartis AG)。

Artisan Partners has previously lobbied for strategic change at other Swiss companies such as Novartis AG.