UBS Explores Moving HQ Unless Swiss Reduce Capital Demand

UBS mulling Swiss headquarters relocation over capital demands-report - Overpasses For America

reported a net profit attributable to shareholders of $770m, compared with a loss of $279m in the same quarter the previous year. Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accur…

The intensified regulation in Switzerland threatens the business model of UBS, warns CEO Sergio Ermotti. However, the transfer of headquarters abroad would cost the bank 10 billion Swiss francs in taxes alone.

UBS May Leave Switzerland Unless Regulators Reduce Capital Demands

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

UBS Explores Moving HQ Unless Swiss Reduce Capital Demand

UBS Group AG is examining the potential relocation of its headquarters if Switzerland sticks to its demand that the bank hold an extra $25 billion of capital, people familiar with the matter said.

Banking Veteran: «UBS Wouldn't Be The Same in New York»

Rodolfo «Rudi» Bogni looks back on a remarkable banking career — and remains sharply attuned to the present. In conversation with finews.com at London’s Athenaeum Club, the former head of UBS' private bank reflects on Switzerland’s role in the world, the challenges facing private banking, and his enduring skepticism toward cryptocurrencies. Bogni also shares his view on the current debate over UBS potentially relocating from Switzerland.

UBS mulling Swiss headquarters relocation over capital demands-report

UBS Group is reportedly contemplating moving its headquarters out of Switzerland if the country mandates the bank to increase its capital reserves by an extra SFr22.05bn ($25bn), reported Bloomberg.   This potential move is in response to Switzerland’s efforts to tighten banking regulations following the 2023 collapse of Credit Suisse.   The increased capital requirement could elevate UBS’s key capital ratio to approximately 20% from its current…