From Yahoo Finance: 2025-04-11 06:18:00

Switzerland’s banking lobby warns of serious consequences if UBS leaves, amid fears of excessive regulations. UBS acquired Credit Suisse, becoming the last big bank in Switzerland, raising concerns about potential risks to the economy. UBS insists it is well-capitalized, but stricter rules could hinder its competitiveness.

The Swiss Bankers Association emphasizes the importance of a competitive financial sector, warning that stringent regulations could lead to a UBS exit. A potential relocation of the bank could have significant negative impacts on Switzerland’s economy, affecting output, jobs, and access to capital for businesses.

Switzerland’s government is set to unveil new capital rules in June, aiming to strengthen the banking sector after the collapse of Credit Suisse. UBS’s future in the country remains uncertain, as debates over regulations and capital requirements continue.

Read more: Swiss bank lobby steps up warnings on UBS relocation risk