Swiss National Bank backs stricter UBS rules amid HQ-relocation rumours
On 11 December the Swiss National Bank reiterated its support for a capital-boost package aimed at UBS. The tougher rules have fuelled talk that UBS could move its headquarters abroad—a scenario that would trigger large-scale executive relocations and re-write tax and immigration planning for thousands of employees. Mobility teams are now modelling alternate HQ destinations even as regulators insist Switzerland remains the best base.
Dec 12, 2025
