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UBS Shareholder Calls for Bank to Leave Switzerland
Original: UBS Shareholder Calls for Bank to Leave Switzerland https://www.wsj.com/finance/banking/ubs-shareholder-calls-for-bank-t
A shareholder of UBS has publicly urged the Swiss banking giant to move away from Switzerland, according to the Wall Street Journal. The unusual demand comes as UBS faces ongoing pressure tied to its size and regulatory treatment in its home country following its takeover of Credit Suisse, and it has drawn attention among banking watchers.
Why now: Ongoing debate over UBS's future and Swiss regulatory scrutiny after the Credit Suisse takeover makes any challenge to its Swiss base notable.
UBSSwitzerlandWall Street Journal
Evidence
- UBS Shareholder Calls for Bank to Leave Switzerland https://www.wsj.com/finance/banking/ubs-shareholder-calls-for-bank-to-leave-switzerland-9eae7536?mod=rss_markets_main # Finance # Banking # Business · wsj_markets@robot.villas · 3
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