Previous post Next post

UBS tries to crack the American market at last

The Swiss group wants to be valued as a global wealth manager rather than a European bank. But it lags far behind its Wall Street rivals. UBS wants to convince investors it is not just a European bank. First, it has to prove it can make more money in America. A national banking licence and a return to client inflows have given the Swiss bank’s US wealth business cause for optimism after a bruising period of adviser departures, weak profitability and an internal overhaul. But UBS remains far from matching Wall Street rivals in the world’s richest wealth market, and proposed Swiss capital rules threaten to make its US operations more expensive just as it tries to close the gap. Investors have long seen the potential prize. When Cevian Capital disclosed a €1.2 billion (CHF1.1 billion) stake in late 2023, the activist investor’s co-founder Lars Förberg argued that the bank was being valued “like an average European bank, not as a leading global wealth manager”. Closing the valuation ... Full story here Are you the author?
About Swissinfo
Swissinfo
SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC). Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.
Previous post See more for 3.) Swissinfo Business and Economy Next post
Tags: ,

Permanent link to this article: https://snbchf.com/2026/07/ubs-tries-crack-american-market/

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.