Week’s Best: UBS on Its Way to Adding More Banking Services

Core Viewpoint - UBS has received conditional approval from a U.S. banking regulator for a national bank charter, which will enable the company to expand its banking and lending services for wealth management clients in the U.S. [1] Group 1 - The Swiss bank applied for the national charter last year [1] - The national charter is considered a "game changer" for UBS, according to Robert Karofsky, co-president of global wealth management and president of UBS Americas [1]