10:03 AM EDT, 03/20/2026 (MT Newswires) -- UBS (UBS) said in a LinkedIn post Friday that its UBS Bank USA unit's application for a national bank charter has been approved.

The final approval was issued by the Office of the Comptroller of the Currency, converting UBS Bank USA to a nationally chartered bank from a state chartered bank, said Rob Karofsky, president of UBS Americas.

The newly approved charter supports its US growth strategy in the US, Karofsky added.

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