UBS relocation could put up to 12,000 Swiss jobs at risk, union says
Swiss Bank Employees Association (SBPV) has warned up to 12,000 UBS jobs in Switzerland could be affected if tougher capital requirements lead the bank to move its headquarters. In a letter to the WAK, the SBPV called for a “viable compromise” on capital rules. “Investors are demanding that UBS relocate,…
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