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UBS Secures National Bank Charter for U.S. Wealth Management Expansion

UBS secured a new national bank charter. This license permits the bank to gather deposits. It will boost the firm’s presence across the United States.

This action supports UBS’s strategic goal to expand its U.S. wealth management division. The bank aims to strengthen its market position in America.

The company is simultaneously addressing ongoing discussions about Swiss capital regulations. This broader regulatory environment informs its strategic choices.

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