UBS chair talked to Scott Bessent about moving bank to US (www.swissinfo.ch)
from floofloof@lemmy.ca to world@lemmy.world on 17 Nov 14:17
https://lemmy.ca/post/55325681

cross-posted from: lemmy.zip/post/53231358

Activist investor Cevian Capital, which has a sizeable stake in UBS, said in September that the proposed Swiss capital changes would make it “not viable” to run a large international bank from the country. It added that UBS would have “no other realistic option” but to leave Switzerland if the proposals were not watered down.

#world