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UBS Spoke to Bessent About Moving Headquarters From Switzerland to US, FT Says
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UBS Group AG Chairman Colm Kelleher discussed the possibility of relocating the bank's headquarters from Switzerland to the US with US Treasury Secretary Scott Bessent, citing uncertainty over Switzerland's capital reforms.
Market Impact
Market impact analysis based on bearish sentiment with 73% confidence.
Sentiment
Bearish
AI Confidence
73%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
UBS Group AG Chairman Colm Kelleher held talks with US Treasury Secretary Scott Bessent about potentially moving the bank’s headquarters to the US amid uncertainty over Switzerland’s upcoming capital reforms, according to the Financial Times. President Donald Trump was said to be "receptive" to the idea. Bloomberg's Sridhar Natarajan reports. (Source: Bloomberg)
Original article published by
Bloomberg
on November 17, 2025.
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