Swiss regulators have ordered UBS to set aside an additional $20 billion in safety reserves in Switzerland to prevent another taxpayer-funded bailout like the 2023 collapse of Credit Suisse. The move comes amid concerns that the changes could force the financial giant to relocate its headquarters to the US. Swiss finance minister Karin Keller-Sutter dismissed these concerns, stating that the bank's balance sheet is 1.5 times larger than the Swiss economy and would not drive it out of Switzerland. Despite concessions, UBS has warned that the new rules could threaten Switzerland's future as a major financial center.