UK Government Courted UBS over London HQ Move
6 Articles
6 Articles
Former British Finance Minister Rachel Reeves has reportedly conducted discussions with the leaders of the large Swiss bank to encourage them to consider moving the seat and the stock market to the United KingdomSince the Council of States' vote in late September in favour of strengthening UBS's own funds, rumours of a possible relocation of the global wealth management giant have resurfaced. This time, it is the Financial Times that gives grain…
The British government offered to move its headquarters and include its shares in the London Stock Exchange, once the bank decided to leave Switzerland because of the tighter new rules on capital requirements. The British article seeks to attract UPS and move its headquarters to London, written in the Stock Exchange.
According to a media report at UBS, the British government under Keir Starner has campaigned to opt for London as a new headquarters in the event of a move from Switzerland.
Rope pulling around headquarters in full swing. Because Federal Councillor CS "gifted away," government should impose high withdrawal buses. Sergio Ermotti and Colm Kelleher let the move scenario of UBS run wild. No one intervenes and publicly says that this is not an issue. No wonder, the events are over. Today, the Financial Times reports that the British Labour government is [...]
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- 100% of the sources lean Left
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