UBS Faces Regulatory Headwinds Amid Strategic Expansion Plans

Swiss banking giant UBS is advancing the next phase of its growth strategy, which includes preparing to offer cryptocurrency trading services to its wealthiest clients. However, these ambitious initiatives are currently clouded by a significant clash with Swiss authorities. As CEO Sergio Ermotti manages his succession timeline, the institution is contending with potential regulatory tightening that could substantially strain its business model.

Beyond strategic and regulatory challenges, executive planning is coming into focus. CEO Sergio Ermotti confirmed in Davos that the search for his successor, anticipated around mid-2027, is evaluating both internal and external candidates. The internal frontrunners are understood to include Iqbal Khan, who leads Wealth Management, and Chief Read more...