UBS is threatening to move to the US. Sound familiar?

UBS is looking to move its HQ to the US, and the Swiss banking giant has spoken to the Trump administration about it. Sound familiar?

That’s what the Financial Times reported this week – exactly two months after On The Money broke the story . The funny thing is, if history is any guide (and if my sources are to be believed), the repeat headline is an indication that UBS isn’t going anywhere anytime soon.

As On The Money reported earlier, UBS hates all the regulation being heaped on by the Swiss government , including some recent, more onerous capital requirements that far exceed what any US bank needs to hold.

The big Swiss bank feels that it did its country a big favor taking over the ill-fated Credit Suisse and integrating the thing into its operations while eating many of the cos