Market Chatter: Top-20 UBS Group Investor Urges Bank to Leave Switzerland

06:49 AM EDT, 10/01/2026 (MT Newswires) -- A top-20 investor in UBS Group (UBSG.SW) called on the bank to move out of Switzerland after the Swiss parliament's upper house approved proposed tougher capital requirements for the company, Reuters reported Thursday, citing a letter sent to the company's board. In the letter, US asset manager Artisan Partners' global value team and International Value Group said that the country is "no longer an ⁠attractive or desirable location" for UBS, adding that there is no "compelling reason" for UBS to remain a Swiss company. UBS did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)