Top dealmakers from global investment banks have been heading to Zurich in recent weeks to pitch
The bank’s senior leadership has been sitting through presentations as they seek a solution to perhaps its biggest challenge in over a decade: A $26 billion increase in capital requirements leveled by its home government, Switzerland.
Options theoretically on the table range from the dramatic — a merger or acquisition deal with a non-Swiss bank allowing a change in domicile and escape from the oncoming rules — to the more mundane, such ...