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UBS considers moving its headquarters to the US to avoid strict Swiss capital requirements.
Swiss bank UBS is considering moving its headquarters to the US to avoid new, stricter capital requirements proposed by the Swiss government, which could force it to hold an additional $26 billion in reserves.
UBS has discussed potential strategies, including acquiring a US bank or merging, with the US administration.
The bank's CEO, Sergio Ermotti, called the Swiss proposals "punitive and excessive."
UBS is also exploring a move to London.
This shift could have significant economic implications for Switzerland.
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UBS considera trasladar su sede a los Estados Unidos para evitar los estrictos requisitos de capital suizo.