UBS Zurich
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Switzerland $121 Billion UBS Applies for United States Banking License with Target Approval in 2026, Will Offer Full Banking Services Including Savings Account, Checking Accounts & Mortgages

30th October | Hong Kong

Switzerland UBS ($121 billion market value) has applied for United States banking license with target approval in 2026, allowing UBS to provide full banking services including savings account, checking accounts & mortgages.  In 2024 November, UBS was reported to be reviewing to apply for a United States expanded banking licence to provide loans & deposits services in United States, planning to leverage UBS United States investment banking to grow the United States private banking business.  In 2025 September, UBS Wealth Management was reported to be increasing salary & payouts for advisors in United States in 2026, with3) New payout tierfortop advisors with > $20 million revenue per year (Reported to be 60% payout), 2) Increase in payout for advisors with $1 million to $3 million revenue per year, 3) Increase in payout for advisors with $3 million to $4 million revenue per year.  In 2024, UBS has 5,700+ financial advisors in the Americas.  UBS – UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. UBS manages 6.6 trillion dollars of invested assets as per second quarter 2025. UBS helps clients achieve their financial goals through personalized advice, solutions and products. Headquartered in Zurich, Switzerland, the firm is operating in more than 50 markets around the globe. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

“ Switzerland $121 Billion UBS Applies for United States Banking License with Target Approval in 2026, Will Offer Full Banking Services Including Savings Account, Checking Accounts & Mortgages “

 



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Switzerland $121 Billion UBS Applies for United States Banking License with Target Approval in 2026, Will Offer Full Banking Services Including Savings Account, Checking Accounts & Mortgages

UBS Zurich



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