UBS reportedly weighs moving its headquarters out of Switzerland if capital rules tighten

Reuters reports that The Wall Street Journal, citing people familiar with the matter, said UBS is drawing up contingency plans that could move its headquarters out of Switzerland if lawmakers proceed with tougher capital requirements. The reported options include acquiring a US financial institution and relocating there, merging with a European rival, or selling itself to a US bank. Reuters said it could not immediately verify the Journal’s report.