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Swiss finance minister doubts UBS would leave home base
Original: Swiss finance minister says unlikely UBS would leave its home base
Switzerland's finance minister said it is unlikely that UBS would move away from its home base, offering reassurance about the future of the country's biggest bank. The remarks come as Swiss authorities face continued scrutiny over their oversight of the banking sector following UBS's takeover of Credit Suisse and debate over tighter capital rules for large banks.
Why now: Ongoing debate over Swiss banking regulation and UBS's future following the Credit Suisse rescue keeps the bank's position in Switzerland a live topic.
UBSSwiss finance ministerSwitzerland
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