UBS receives conditional approval for United States national bank charter

UBS Group AG has received conditional approval for a United States national bank charter. This marks a significant milestone in the bank's American expansion.

Insights:
On January 15, 2026, UBS Group AG received conditional approval from the U.S. Office of the Comptroller of the Currency for a National Bank Charter. This development follows an application submitted in October and represents the first step in a licensing process that could permit the institution from Switzerland CHCHto provide a full range of banking services in the United States USUS. This is the first conditional approval of its kind for a bank from Switzerlandseeking such a charter in the United States.
A logo of UBS is pictured outside a branch of the Swiss bank UBS in Zurich, Switzerland, on June 19, 2025. REUTERS/Denis Balibouse/File Photo
A logo of UBS is pictured outside a branch of the Swiss bank UBS in Zurich, Switzerland, on June 19, 2025. REUTERS/Denis Balibouse/File Photo
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