In the future ubs will no doubt look at other ways to make its business less unwieldy and more focused on profitmaking.

来，瑞银无疑会寻找他方法来减轻业务的笨重程度，并更加专注于盈。

But ubs, which has a disproportionately large number of at1 bonds, will probably be penalised by investors demanding higher returns if it does decide to issue more in order to bolster its balance-sheet.

但是拥有大量 at1 债券的瑞银如果确实决定发行更多债券以增强负债表，可能会受到要求更高回报的投者的惩罚。