Self-Help or Self-Sabotage? Activist’s Proposal for UBS to Leave Switzerland Risks Spiking Costs

In June, the Swiss government laid out a proposal to compel UBS to add 11 billion worth of that. UBS, to no one’s surprise, is lobbying policymakers to soften their position, arguing the bank will be left at a competitive disadvantage. An activist investor with a 1.4% stake in the bank is calling for a drastic bargaining tactic: Prepare to up and leave Switzerland, possi ...