Why UBS should not get a US banking license

Source: Washington Examiner · Bias: Center Right

Summary

The Office of the Comptroller of the Currency on Jan. 15 granted UBS conditional approval for a national bank charter — the first step toward allowing the Swiss banking giant to offer retail services to American consumers. Before regulators take the next step, they should read the bank’s rap sheet. UBS has spent two decades violating […]

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Why UBS should not get a US banking license
Washington Examiner

Why UBS should not get a US banking license

Center Right

The Office of the Comptroller of the Currency on Jan. 15 granted UBS conditional approval for a national bank charter — the first step toward allowing the Swiss banking giant to offer retail services to American consumers. Before regulators take the next step, they should read the bank’s rap sheet. UBS has spent two decades violating […]