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  1. I still do not know why so many companies cave in to the Trump regime. Even countries. It seems only China has the balls to stand up against.

  2. They would end up like Leemann in less than 5 years. The only reason ubs exists now is the Swiss government saving it in 2008. And US banks are very protective of its market and would play dirty and make sure ubs goes down.

    The job market in CH would suffer some. But it would allow other banks to grow (if they have the brains and the balls).

    I could be wrong, just my opinion. But I also want them to leave. Ubs has not been a CH company for decades now.

  3. Competition is going to be happy. I don’t know how many of you are comfortable for having their bank headquarters in the US right now, but I’m not at all

  4. I don’t think it would make any difference. UBS bank Switzerland would still be ubs bank Switzerland. It’s not because they have their head office in the US that anything would change locally

  5. thalithalithali on

    Fine, let them go. Keep the Swiss business here (like CS did when they legally spun off the Swiss private bank years ago) and focus on this market with both a private and investment bank. It may not help with the capitalization issue, but it could help bring better service to the Swiss market.

  6. It’s a poker game between the Swiss federation and UBS.
    UBS has now become the only major bank in the country and even bigger than before with the CS merger.
    The Swiss government is trying to impose higher capital requirements to the bank to avoid another bankruptcy that would severely affect the country.
    But higher capital requirement means lower return on equity which is the holy grail of shareholders.
    UBS is using this “move to the US” threat as am answer to this Swiss rule in the pipes.

  7. I wonder if this has anything to do with Trumps trade war and the recent tarif deal with Switzerland…

    Maybe the deal was to give them UBS? 

  8. soupnoodles4ever on

    Good luck to them. The service of UBS is really backward, if it loses its Swissness it won’t be attractive enough.

  9. It would be amazing! They will go broke, this is an old understanding of banking, how they run this bank. The further we can kick them out, the better. Break them up or push them out. There will many young, dynamic banks that will more than replace this old horse UBS.

  10. Switzerland already succumbed to the US and made a lot of bad decisions so they get the 15% tarrifs.

    They will succumb again to the EU with the framework deal in 1 year from now.

    The biggest bank wants to leave the country.

    What is happening with you Switzerland ?

    EU will tell you how to behave and be woke, US will tell you with whom to do business with,
    Banks leaving, the job market in the worst situation since 2008.

    Yet somehow everyone is ignoring all of this.

  11. Ok, when scaling the pages are still horrible… at this point i think it’s not just my renderer…

    Yeah, but nice to see people are actually using the software i maintain…

  12. FakeHasselblad on

    Seems like a perfect opportunity for Switzerland to open up a governmental backed and operated national bank. Tie it to the post office or something.

  13. Yes, but at that point, the Swiss Banking Union UBS will lose the S for Swiss 👍🏻🤣

  14. Fun-Aardvark-7783 on

    Switzerland wouldn’t go bankrupt the next time UBS fails.

    Credit Suisse failure has made people forget about UBS and 2008.
    Now they are much bigger, and they want to reduce capital requirements to do the old casino “heads I win, tails you lose” game.

    Short term UBS leaving would be a hit to the economy, but nothing like the hit of the next bank failure.

    Also might help the Swiss economy understand it needs to find new areas of growth other than financial services.

  15. I think the best move the confederation coud do would be to split it in three and call it a day.