UBS files for US banking licence to enhance wealth management offerings– report

UBS files for US banking licence to enhance wealth management offerings– report

Switzerland’s UBS has applied for a banking licence in the US, signalling its ambition to expand its wealth management services, reported Reuters. According to an internal memo obtained by the news agency, UBS Americas president Rob Karofsky and UBS Global Wealth Management US head Michael Camacho said that the bank has submitted its application for … Read more

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