UBS Chair Discussed Potential Bank Relocation to US with Investor Bessent
According to the Financial Times, UBS Chair had private talks with investor Scott Bessent on the possibility of moving the Swiss bank’s operations to the United States.
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Terms & Concepts
UBS: A multinational investment bank and financial services company headquartered in Switzerland.
Financial Times (FT): A UK-based international daily newspaper focusing on business and economic news.