LONDON, June 25 (Reuters) - Swiss bank UBS is preparing to announce a $4 billion to $5 billion equity placing in response to growing pressure from regulators, London's Financial Times reported on its website on Thursday.
The paper, without citing sources, said the bank was aiming to lift its tier one capital to 13 percent from the current level of about 12 percent.
A spokesman for the bank in London said he could not comment on the report.
(Reporting by Michael Holden; Editing by Tim Dobbyn) Keywords: UBS/PLACING (Reuters messaging: michael.holden.reuters.com@reuters.com; +44 207 542 3213) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The paper, without citing sources, said the bank was aiming to lift its tier one capital to 13 percent from the current level of about 12 percent.
A spokesman for the bank in London said he could not comment on the report.
(Reporting by Michael Holden; Editing by Tim Dobbyn) Keywords: UBS/PLACING (Reuters messaging: michael.holden.reuters.com@reuters.com; +44 207 542 3213) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.