UBS Jumps on Potential Capital Compromise, Broadcom Disappoints | The Pulse 12/12/2025

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Live on Bloomberg TVUBS Jumps on Potential Capital Compromise, Broadcom Disappoints | The Pulse 12/12/2025The Pulse with Francine LacquaDecember 12th, 2025, 11:23 AM GMT+0000UBS shares hit their highest in 17 years after a group of influential Swiss lawmakers proposed watering down the government's capital demands. They've presented recommendations that would allow UBS to use a kind of junior debt known as AT1 bonds, instead of equity, to meet potentially fresh capital requirements envisioned by the Swiss government. The Nvidia-rival Broadcom has disappointed with a sales outlook that failed to meet expectations. The shares slid about 5% in premarket trading, after unsettling commentary from CEO Hock Tan during a conference call with analysts. Tan declined to give an AI revenue forecast for next year, saying it was hard to pinpoint what 2026 would look like. Today's guests: Luis Oganes, JPMorgan Head of Global Macro Research; Alicia García-Herrero, Natixis Chief APAC Economist; Michael Haigh, SocGen CIB, Head of FIC & Commodities Research; Nike Trost, Financial Conduct Authority Head of Wholesale Buy-Side (Source: Bloomberg)More From The Pulse with Francine Lacqua47:13Silent Dissenters as Fed Cuts, US Seizes Sanctioned Oil Tanker off Venezuela | The Pulse 12/11/202502:36US Economy Not as Good as Some Believe: MUFG's Halpenny10:21No Safe Haven Alternative to the US: CPP Investments48:14Hassett Says Room for Bigger Fed Cut, SpaceX Said to Plan Record IPO | The Pulse 12/10All episodes and clipsBloomberg Markets"Bloomberg Markets" is focused on bringing you the most important global business and breaking markets news and information as it happens.More episodes and clips08:42Former JAG Officer: US Needs to Prove Oil Was Smuggled11:15Crisis is Here: Rep. Meeks on Healthcare Standoff in the Senate47:57White House Grilled Over Seized Oil Tanker | Balance of Power: Late Edition 12/11/202501:52Every Media Company Has To Embrace AI: DergarabedianThe David Rubenstein ShowThe David Rubenstein Show: Peer-to-Peer Conversations" explores successful leadership through the personal and professional choices of the most influential people in business.More episodes and clips24:06The David Rubenstein Show: Ynon Kreiz24:05David Rubenstein Show: Kevin Hassett24:05The David Rubenstein Show: Maria Sharapova24:06The David Rubenstein Show: Justice Anthony KennedySee all shows
