Margot Patrick

UBS came under more pressure to leave Switzerland, with a second top investor urging the bank to decamp from its home country before it is hit by new capital rules.

U.S. investor Artisan Partners has urged the bank to part ways with its home country over new capital rules.

Read this exciting story from The Wall Street Journal October 06, 2026 issue. A charity that Los Angeles Dodgers owner and billionaire Mark Walter launched to put urban kids on a path to college and high-paying jobs is now being primarily funded by a little-known Chicago financial firm that has also been linked to the federal probe into Walter’s insurance empire.

Executives at UBS, Switzerland's last remaining flagship global bank, are preparing for a once unimaginable move—ditching its Swiss home base.

The bank has received approaches from potential U.S. deal partners as it publicly spars with Swiss politicians over substantially higher capital requirements.

This summer, Larry Ellison was going to sell a big chunk of his stock in Oracle, the company he founded five decades ago.

Buy, borrow and die is a mantra of the rich. They love to take out loans against stock they own , so they don't have to sell it when they want to buy other things such as mansions, yachts and movie studios

A Deloitte study found a booming market in stock-based loans to billionaires—and the lesser rich.

HSBC stock slid about 7% today, after third-quarter earnings showed it had to pay more to attract customer deposits and that wealth management customers were sitting on the sidelines. Investors had hoped that HSBC's latest round of cost cuts might free up capital for bigger share buybacks or cause

UBS CEO Sergio Ermotti says being Swiss isn't everything. He indicated the bank could leave the country if lawmakers insist on saddling the bank with much higher capital requirements. "Being a bank that has a DNA of Swissness, that is rooted in Switzerland is a big advantage. But it's not the reaso