Julius Baer says FINMA concludes enforcement probe into legacy credit, AML issues
Bitget2026/09/29 04:46- FINMA concluded its consolidated enforcement procedure tied to a major credit event in the former private debt business and legacy AML issues.
- Additional CET1 capital add-on cut to CHF 250 million from CHF 500 million, implying a de facto minimum CET1 ratio of 9.4%.
- Reported CET1 capital ratio stood at 18.5% at end-June 2026, underscoring capital headroom versus the updated requirement.
- A request to proceed with the share buy-back program was submitted to FINMA, pending final regulatory clearance.
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