UBS Considers US Bank Acquisition or Merger Amid Tighter Swiss Capital Plans

Monday, Sep 15, 2025 12:31 am ET1min read

UBS is considering a US bank acquisition or merger as a response to stricter Swiss capital requirements. The bank's CEO, Sergio Ermotti, described the proposals as "very punitive and excessive" and emphasized the bank's commitment to maintaining its Swiss headquarters. UBS is also exploring the possibility of relocating its headquarters if the Swiss government insists on additional capital requirements.

UBS Considers US Bank Acquisition or Merger Amid Tighter Swiss Capital Plans

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