Swiss finance minister downplays suggestion UBS could leave Switzerland
Bloomberg reports that Karin Keller-Sutter said leaving Switzerland would be more expensive for UBS than staying.
TLDR
Swiss Finance Minister Karin Keller-Sutter downplayed a suggestion that UBS could leave Switzerland to avoid stricter capital rules, Bloomberg reports. She said such a move would be more expensive for the bank than staying.
Swiss finance minister downplays suggestion UBS could leave Switzerland
Bloomberg reports that Karin Keller-Sutter said leaving Switzerland would be more expensive for UBS than staying.
TLDR
Swiss Finance Minister Karin Keller-Sutter downplayed a suggestion that UBS could leave Switzerland to avoid stricter capital rules, Bloomberg reports. She said such a move would be more expensive for the bank than staying.