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News 2026-10-01 06:19 UTC

US investor Artisan urges UBS to quit Switzerland over capital rules

US asset manager Artisan Partners has urged UBS BX:0UB to leave Switzerland, arguing that proposed tougher capital requirements for the bank are "punitive", excessive and would destroy shareholder value.In a letter to UBS's board published late on Wednesday, the Artisan Partners Global Value Team a…