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Swiss Ministry Estimates UBS Move Abroad Could Match Capital Rule Costs

Swiss Ministry Estimates UBS Move Abroad Could Match Capital Rule Costs

Photo: TokenPost

Switzerland’s finance ministry assessed that a potential relocation of UBS Group to the United States or United Kingdom could cost the bank about as much as capital requirements proposed by the Swiss government. Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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