UBS reportedly weighs headquarters move or merger if it deems new Swiss banking rules excessively strict
Reuters, citing three people familiar with the matter, says the scenarios depend on Switzerland introducing rules UBS deems excessively strict.
TLDR
Reuters reports, citing three people familiar with the matter, that UBS is working on possible scenarios including shifting its headquarters or merging with another bank if Switzerland introduces new banking rules UBS deems excessively strict.
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