UBS is seeking to obtain an extended banking license in the United States, with the goal of transitioning from its current status as an Industrial Loan Company in Utah to a federal level license. This move is expected to strengthen the bank"s presence in the US market and create new business opportunities, demonstrating its commitment to growth and diversification in a key foreign market.
On November 18, 2024, UBS shares experienced a 0.37% increase, closing at CHF 28.24, which represents a 5.48% rise compared to the previous month. The bank"s market capitalization is currently valued at 104.4 billion euros. UBS anticipates a dividend of CHF 0.358892 per share for the 2024 financial year, resulting in a dividend yield of 1.31%. Recent analysis from UBS suggests that shareholders should take action, leading to discussions on whether to buy or sell shares. Investors are advised to review the latest insights to make informed decisions about their holdings.