UBS will start trialling everyday banking services for its US employees within months, as it gears up to launch a full-service bank for wealthy Americans by the middle of next year.
The Swiss lender is set to open bank accounts for US staff as early as December to test pricing and products before rolling them out to wealth management clients from the middle of 2027, according to people familiar with the matter.
The move marks the first phase of UBS’s push to become a full-service bank for wealthy Americans after securing a national banking licence in the country earlier this year.
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