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UBS inches toward historic move to leave Switzerland — as it’s wooed by Trump administration: sources

New York Post•Friday, October 31, 2025 at 12:55:30 PM
NegativeU.S News
UBS inches toward historic move to leave Switzerland — as it’s wooed by Trump administration: sources
UBS, one of Switzerland's largest banks, is reportedly considering a significant move away from its home country due to rising operational costs. Sources indicate that senior bankers are preparing for this transition, which could have major implications for the Swiss economy and the banking sector. The potential relocation is being influenced by the Trump administration's efforts to attract the bank, highlighting the competitive nature of global finance and the challenges faced by traditional banking hubs.
— Curated by the World Pulse Now AI Editorial System
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