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UBS Group to Expand U.S. Wealth Operations After Securing OCC Approval
ZACKS· 2026-03-23 17:50
Key Takeaways UBS received OCC approval to convert UBS Bank USA into a nationally chartered bank, expanding services.UBS can now target beyond ultra-wealthy clients with deposits, lending and broader banking offerings.UBS plans a phased rollout by late 2027, aiming to boost U.S. growth after the Credit Suisse deal.UBS Group AG (UBS) has secured approval from the Office of the Comptroller of the Currency (OCC) for a national bank charter, enabling the bank to expand its wealth management operations in the Un ...