UBS files for US national banking license to expand American presence By Investing.com
Update: 2025-10-27
Description
UBS is making a bold move to conquer the U.S. wealth management scene! The Swiss giant just applied for a U.S. national banking license, a first for a Swiss bank, signaling a major commitment to growth and competition with American financial institutions. While approval could take until 2026, this strategic play could unlock new opportunities for UBS and potentially reshape the landscape of wealth management services for customers. Is now the time to invest? Experts weigh in on this game-changing development.
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