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UBS chair talked to Scott Bessent about moving bank to US
2025-11-17
UBS chair Colm Kelleher and US Treasury secretary Scott Bessent have privately discussed moving the bank’s headquarters to the US, as the Zurich-based lender explores contingency plans to leave Switzerland if the government does not back down on new capital rules. Kelleher and Bessent held talks in recent months about what a move to the …
US tariff negotiations reaffirm Switzerland’s role as a gold hub
2025-11-17
Refined gold was a major part of the negotiations that saw United States tariffs on Switzerland lowered to 15%. Here’s how the Swiss came to dominate the sector. It is difficult to fathom the enormous quantity – and value – of gold that arrives in Switzerland every year. In 2023, Switzerland imported approximately 2,372 tonnes …
Almost half of Swiss medium-sized firms affected by global ESG rules
2025-11-09
Close to 42% of medium-sized companies in Switzerland with 50 to 249 employees are directly affected by international Environmental and Social Governance (ESG) regulations. This is the result of a new study by the University of Applied Sciences Graubünden. Among smaller SMEs with 10 to 49 employees, the proportion is 39%. They are also increasingly …
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