UBS could relocate Swiss HQ if capital demand is not reduced, Bloomberg News reports

Reuters

Thu, Mar 20, 2025, 9:56 AM 1 min read

(Reuters) - UBS Group AG is exploring options to relocate its office if Switzerland enforces a request for the slope to clasp an other $25 cardinal successful capital, Bloomberg News reported connected Thursday, citing radical acquainted with the matter.

Internal estimates suggest the other buffer could propulsion UBS's cardinal superior ratio to astir 20% nether the toughest conditions, up from its existent 14%, the study said.

The Swiss authorities is trying to tighten banking regulations successful the aftermath of the 2023 illness of Credit Suisse.

UBS, which subsequently acquired Credit Suisse, has resisted higher superior requirements, saying specified a determination would summation costs for companies and households. The slope was founded successful 1862 successful Switzerland.

UBS did not instantly respond to a Reuters petition for comment.

(Reporting by Bipasha Dey successful Bengaluru; Editing by Sahal Muhammed)