Swiss Bank UBS Files Application For US Banking Licence

2025-10-27 02:10:31

(MENAFN- Swissinfo) UBS has filed an application for a national banking licence in the United States, underlining its growth ambition for the US market. This content was published on October 27, 2025 - 16:34 2 minutes Keystone-SDA

Deutsch de UBS erwartet US-Genehmigung für nationale Banklizenz im Jahr 2026 Original Read more: UBS erwartet US-Genehmigung für nationale Banklizenz im Jahr

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This is according to an internal memo sent by Rob Karofsky, the president of UBS Americas, and Mike Camacho, head of UBS Global Wealth Management US, to employees in the United States. The content of the memo from the two high-ranking UBS managers in the USA was confirmed to AWP news agency by a press spokesperson.

UBS Bank USA, based in Salt Lake City, recently submitted an application for a national banking licence to the Office of the Comptroller of the Currency (OCC), the memo continued.
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