Sergio Ermotti
Photo: The official global picture collection of UBS from Switzerland, CC BY 2.0 (Wikimedia Commons, cropped)
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- Oct 15
UBS weighs moving its headquarters or merging if Swiss capital rules tighten
Insiders told Reuters that a UBS working group is weighing a move abroad, a merger or a sale if Swiss capital rules become too strict. No concrete talks are under way, the sources said.
- Oct 15
Swiss top court upholds Credit Suisse bonus cuts for former executives
Switzerland's highest court ruled that the government could cut unpaid bonuses for about 1,000 former Credit Suisse managers after the 2023 state-backed takeover by UBS, overturning a 2025 decision.
- Sep 23
Swiss Council of States votes for 90% capital requirement on UBS foreign units
The Swiss Council of States approved a requirement for UBS to back foreign subsidiaries with 90% hard equity, adding an estimated $16 billion in capital demands as the draft moves to the National Council.
- Jul 29
UBS posts $2.8 billion Q2 profit, beats estimates and launches $3 billion buyback
Switzerland's largest bank reported net income of $2.80 billion for the second quarter, up 17% from a year earlier, and announced a new share buyback program of up to $3 billion.
