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  "documentTitle": "UBS | Mergers and Acquisitions Presentation Deck | 17 slides",
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  "notes": "The slide provides high-level updates on capital, regulatory interpretations, and liquidity facility repayments.",
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      "text": "Certain rulings and interpretations by FINMA: Increases in UBS Group's prudential capital surcharge... UBS Group may temporarily continue to apply certain capital and liquidity rulings... UBS Group may reflect some accounting-related adjustments... Each of UBS Group AG and Credit Suisse AG may temporarily continue to use their respective existing rules... Supervisory expectations for liquidity coverage ratios to be maintained...",
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      "text": "UBS currently expects its CET1 ratio to be around 14% in 2Q and to remain around that level throughout 2023, as we expect CS operating losses and significant restructuring charges to be offset by reductions in RWA.",
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      "text": "Incorporation of the Loss Protection Agreement: No impact on purchase price allocation... A signing fee of CHF 40m, annual maintenance fee of CHF 36m... Loss Protection Agreement to cover around CHF 44bn of CS leverage ratio denominator.",
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      "text": "Credit Suisse's borrowings under additional liquidity facilities as of 31 March 2023 included borrowings of CHF 20bn under the Public Liquidity Backstop. CS has made repayments of CHF 10bn on 20 April, CHF 5 bn on 17 May, and the remaining balance of CHF 5 bn on May 30.",
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      "text": "1 Based on CS balance sheet as of 31.3.23, does not include purchase accounting adjustments",
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