UBS Group AG (NYSE:UBS) shares are trading lower on Wednesday.
Sabine Keller-Busse, UBS’s Switzerland country head, affirmed the bank’s steadfast commitment to its domestic market, addressing public concerns about its plans, reported Reuters.
Keller-Busse told a conference in northern Switzerland, “Underpinning this commitment, we aim to maintain our loan book in Switzerland at around 350 billion Swiss francs [$411 million].”
The loans include corporate loans, private loans and mortgages.
UBS has faced intense scrutiny since its acquisition of Credit ...
