Swiss bank UBS closer to getting national bank charter for US franchise
ReutersJan 15, 2026 4:32 PM
Jan 15 (Reuters) - Swiss bank UBS UBSG.S is a step closer to getting a national bank charter for its U.S. franchise after receiving a first conditional approval, the company said on Thursday.
"This milestone marks a significant step toward securing final approval of our National Bank Charter, reinforcing UBS's commitment to growth and strengthening our position as the premier global wealth manager in the U.S," a UBS spokesperson said.
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