UBS Weighs U.S. Move to Escape Tougher Swiss Rules

Swiss banking giant UBS may relocate parts of its business to the U.S. as it faces new proposals requiring a $26 billion boost to its capital reserves.

Executives, including Chairman Colm Kelleher and CEO Sergio Ermott, reportedly met with Trump administration officials to explore acquiring or merging with a U.S. bank as an alternative.

UBS argues the Swiss plan is excessive and not globally aligned, while U.S. officials signaled that looser regulations could attract the lender. With a $131.8 billion market cap, UBS is seeking options to avoid what it views as disproportionate rules, though the bank has not publicly commented.

Clever Robot News Desk 17^th September 2025