Swiss government reviews potential UBS relocation costs
Switzerland analyzes potential relocation scenarios for UBS as the bank faces stricter capital rules. Internal assessments reveal significant legal and financial hurdles in both US and British markets.
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The Switzerland government has examined potential relocation scenarios for UBS GROUP AG-REG as the lender faces stricter capital rules that could cost up to $18 billion. Officials reviewed how foreign legal systems would treat the bank if it left the country.
