UBS chair talked to Scott Bessent about moving bank to US

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UBS chair Colm Kelleher is considering relocating the bank to the US as a result of pressure from the Swiss government over proposed capital rules, with discussions taking place with Scott Bessent, a prominent investor.

Market Impact

Market impact analysis based on bearish sentiment with 72% confidence.

Sentiment
Bearish
AI Confidence
72%

Article Context

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Discussions came as Colm Kelleher tries to pressure Swiss government to back down over proposed capital rules

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Original article published by Financial Times on November 17, 2025.
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