--- title: "According to reports, UBS is considering relocating its headquarters to the United States" type: "News" locale: "en" url: "https://longbridge.com/en/news/266228089.md" description: "According to a report by the Financial Times on Monday, UBS Group AG Chairman Colm Kelleher has discussed the possibility of relocating the bank's headquarters to the United States with U.S. Treasury Secretary Scott Bessent. The report indicates that Kelleher and Bessent have discussed the potential move to the U.S. in recent months, but no decision has been made yet. Sources say that even though UBS executives prefer to stay in Switzerland, they have a fiduciary duty to consider all possible options and remain open to the idea of relocation" datetime: "2025-11-17T14:35:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/266228089.md) - [en](https://longbridge.com/en/news/266228089.md) - [zh-HK](https://longbridge.com/zh-HK/news/266228089.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/266228089.md) | [繁體中文](https://longbridge.com/zh-HK/news/266228089.md) # According to reports, UBS is considering relocating its headquarters to the United States According to a report by the Financial Times on Monday, UBS Group AG Chairman Colm Kelleher has discussed the possibility of relocating the bank's headquarters to the United States with U.S. Treasury Secretary Scott Bessent. The report indicates that Kelleher and Bessent have discussed the potential for a move to the U.S. in recent months, but no decision has been made yet. Sources say that even though UBS executives prefer to stay in Switzerland, they have a fiduciary duty to consider all possible options and remain open to the idea of relocation ### Related Stocks - [UBS Group AG (UBS.US)](https://longbridge.com/en/quote/UBS.US.md) ## Related News & Research - [UBS CEO, asked about succession says: it's going to be a matter of choosing the person based on the current needs of the bank](https://longbridge.com/en/news/281224267.md) - [UBS freezes German real estate fund amid liquidity crunch](https://longbridge.com/en/news/280803033.md) - [BofA Cuts UBS Price Objective Amid Planned Changes to Swiss Capital Rules](https://longbridge.com/en/news/280471011.md) - [LIVE MARKETS-UBS Wealth Management downgrades Europe, upgrades Switzerland](https://longbridge.com/en/news/280323841.md) - [UBS CFO: We continue to advocate for a better outcome](https://longbridge.com/en/news/279448630.md)