UBS could relocate Swiss HQ if capital demand is not reduced, Bloomberg News reports
From Yahoo Finance: 2025-03-20 12:56:00
UBS Group AG may relocate its headquarters if Switzerland requires an extra $25 billion in capital, pushing its key capital ratio to 20% from 14%. CEO Sergio Ermotti previously stated moving wasn’t a consideration. The Swiss government aims to tighten banking regulations after the 2023 Credit Suisse collapse. UBS acquired Credit Suisse and opposes higher capital requirements.
Read more at Yahoo Finance: UBS could relocate Swiss HQ if capital demand is not reduced, Bloomberg News reports