UBS is preparing to pack its 0 162-year-old banking giant is deep in talks about ditching Zurich and moving its headquarters to the United States, according to The 1 comes as the bank rejects a new proposal from Swiss regulators demanding it cough up an extra $26 billion in capital, a requirement the bank says would wreck its ability to stay competitive, Cryptopolitan 2 Colm Kelleher and CEO Sergio Ermotti have already made 3 two recently held meetings with President Trump’s team in Washington to explore 4 is finalized yet, but insiders say UBS is also considering acquiring a US bank to plant deeper roots in the 5 targets US banks as Switzerland tightens grip The Swiss government came up with the new capital rule after UBS bailed out its longtime rival, Credit Suisse, in 6 rescue followed a run on Credit Suisse’s deposits and fears of collapse.
Now, Switzerland says tougher regulations are necessary to prevent another 7 says the new rule is overkill. “The changes would result in capital requirements that are neither proportionate nor internationally aligned,” UBS said in a public 8 confirmed they’re still negotiating with Swiss authorities to roll back the increase, but the tone is 9 guys are ready to leave if they don’t get what they 10 and Colm are eyeing the US for more than just better 11 Trump administration is offering deregulation as 12 official inside the White House, speaking to The Post, said , “This is what we want,” when asked about foreign banks like UBS relocating to the 13 Secretary Scott Bessent’s office wouldn’t comment, but also didn’t deny the talks.
UBS, valued at $126 billion, is scouting midsize American banks for potential 14 Financial, based in Pittsburgh, is one option with a $79 billion 15 of New York, worth around $74 billion, is another 16 makes this interesting is that UBS can do something JPMorgan Chase can’t; make a big acquisition without tripping over the US deposit 17 deposit cap stops any US bank from holding more than 10% of total deposits after an 18 has hit that 19 UBS, as a foreign bank, isn’t subject to 20 gives them an open lane to grow fast if they set up shop in the 21 administration opens doors as UBS pushes back at home UBS’s meetings with Trump’s team were not just about potential 22 bigger goal is escaping what they see as suffocating rules back 23 Swiss proposal would force UBS to increase its capital buffer, the money it holds in reserve in case things go wrong, by a staggering $26 24 in the US are insured up to $250,000 per account by the Federal Deposit Insurance 25 banks are labeled “systemically important” and face stricter regulation, a law born out of the 2008 financial 26 even with that, UBS argues that US oversight is more manageable compared to what Swiss regulators 27 is already classified as “systemically important” in Switzerland, which means they’re under more intense 28 with this new rule, Swiss oversight would go beyond what the US demands.
That’s one reason UBS is seriously looking at 29 pressure, more 30 far, UBS has not confirmed any final 31 they aren’t denying the meetings, 32 press rep had no comment when asked about conversations with Trump officials. Scott’s office also refused to discuss 33 no one’s pushing back on the 34 up to Bybit and start trading with $30,050 in welcome gifts
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