Finance
UBS has no intention of leaving Switzerland, compliance chief says
Published by Global Banking & Finance Review®
Posted on March 29, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 29, 2025
1 min readLast updated: January 24, 2026
UBS confirms it will remain in Switzerland despite regulatory debates. Compliance chief Markus Ronner emphasizes the bank's strong ties to its home country.
ZURICH (Reuters) - UBS has no plans to leave Switzerland, the bank's compliance and governance chief Markus Ronner said on Friday amid a debate on how to regulate the country's biggest lender.
This month the head of the Swiss Bankers Association (SBA) said UBS might consider leaving the country if authorities drew up regulations for the bank that are too onerous.
Speaking in a debate with lawmakers on national broadcaster SRF, Ronner said UBS had a very close relationship to its home country and "certainly has no plans to leave Switzerland."
Two years ago, UBS acquired Credit Suisse after its old rival collapsed, sparking calls for stricter regulation in the industry to prevent the risk of another banking crisis.
Reuters reported on Wednesday that UBS had floated the idea of capping the future size of its investment bank as a concession to head off tougher capital requirements.
(Reporting by Ariane Luthi; Editing by Dave Graham)
The main topic is UBS's commitment to staying in Switzerland despite potential regulatory changes.
The Swiss Bankers Association suggested UBS might leave if regulations become too burdensome.
UBS acquired Credit Suisse two years ago, which has led to discussions on stricter regulations.
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