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2025-09-15 10:37:07
[US media: Switzerland's largest bank UBS may move to the United States] The New York Post quoted sources as saying that due to the dissatisfaction of the management of Switzerland's largest bank UBS Group with the new financial requirements proposed by the Swiss government, the bank may move to the United States. "According to the New York Post, banking giant UBS Group is increasing its threats to withdraw from Switzerland and move to the United States in a strong response to the new and heavy capital requirements proposed by Swiss regulators. "The new requirements proposed by the government include UBS Group's need to increase its capital by US$26 billion. UBS Group is worried that this huge amount of money will make it unable to compete in the global market. According to people familiar with the matter, UBS Group executives even recently met with representatives of the administration of US President Donald Trump. A UBS spokesperson declined to comment, but did not deny meeting with Trump representatives to discuss a possible new US headquarters.
