UBS Group AG is considering relocating its headquarters if Switzerland implements a requirement for the bank to hold an additional $25 billion in capital, according to Bloomberg News sources.

Internal estimates indicate that this additional buffer could raise UBS's key capital ratio to approximately 20% under the toughest conditions, a significant increase from its current 14%.

In response to inquiries about the report, UBS referred to a January interview with CEO Sergio Ermotti, who stated that relocating from Switzerland is not a topic worth considering at this stage.

The Swiss government plans to tighten banking regulations following the 2023 collapse of Credit Suisse. UBS, which acquired Credit Suisse, has opposed higher capital requirements, arguing that such measures would elevate costs for businesses and households. The bank was established in 1862 in Switzerland.