✉news BusinessFinance first seen 16 h ago, last 1 h ago, peak #2
Swiss finance minister plays down risk of UBS leaving home base
Original: Swiss finance minister says unlikely UBS would leave its home base
Switzerland's finance minister has said it is unlikely that UBS would move away from its home base, in comments addressing questions about the future of the country's biggest bank following its state-brokered takeover of Credit Suisse. The remarks aim to reassure concern over the bank's commitment to Switzerland, though speculation continues about whether tighter regulation could prompt it to consider relocating.
Why now: Ongoing debate over UBS's future and Swiss banking regulation after the Credit Suisse rescue is keeping attention on whether the bank might relocate.
UBSSwitzerlandCredit SuisseSwiss finance ministry
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