Markus Ronner, UBS's compliance and governance chief, stated on Friday that the bank has no plans to leave Switzerland. His comments were made amidst an ongoing debate about how to regulate the country's largest lender.
This statement directly addresses recent reports and speculation about UBS potentially relocating its headquarters in response to proposed Swiss capital demands. Ronner's remarks aim to provide clarity on the bank's long-term commitment to its home country.
The affirmation underscores UBS's intention to remain a Swiss-based institution, despite its strong opposition to certain regulatory proposals. This helps to stabilize perceptions regarding the bank's future operational base.
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