UBS - Union Bank of Singapore soon?

[Chase]

UBS Explores moving Headquarters out of Switzerland Unless Regulators Reduce Capital Demands​

https://www.bloomberg.com/news/arti...-headquarters-unless-swiss-cut-capital-demand

According to Bloomberg, UBS Group is examining the potential relocation of its headquarters if Switzerland sticks to its demand that the bank hold an extra $25 billion in capital.

Why is it significant? Bear in mind, UBS just took over Credit Sussie 26 months ago. This is like two huge banks moving out of Switzerland.

 

[face the facts]

lots of banks, big and small are holding underwater treasury bonds....thats why the extra capital demands

 

[ftan42]

that why FED cant drops it interest rate

 

[jw5]

They can move their HQ to the huge building opposite Plaza Singapura.

 

[ChopSengHuat]

They can move their HQ to the huge building opposite Plaza Singapura.

What is so special about plaza Singapore

 

[k1976]

lots of banks, big and small are holding underwater treasury bonds....thats why the extra capital demands

Maybe too much risky asset need more capital to back their books under Basel Law IV

 

[k1976]

They can move their HQ to the huge building opposite Plaza Singapura.

They can make whole Chennai Business Park into their HQ

 

[birdie69]

They can move their HQ to the huge building opposite Plaza Singapura.

International Plaza?

MAS is following up very closely!

 

[True Believer]

Delhi Bank Singapore (DBS) has been here for years already.