The consideration of foreign options follows a move by a Swiss parliamentary committee on Oct 13 to back a new special tax for systemically important banks. The proposed fee would require UBS to fund a public liquidity backstop, a measure that has been described as the latest blow to the lender's domestic position.
Tuesday, October 20, 2026
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UBS Explores Options Abroad After Swiss Lawmakers Back Bank Tax
Business5 days ago
The country's biggest bank is reviewing operational possibilities outside Switzerland should domestic regulatory requirements become intolerable, sources told Reuters. This internal search for alternatives suggests that the current environment for the lender is becoming increasingly unstable as government pressure mounts.
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