UBS Group AG (UBS) is seeking a wider banking license to operate in the United States to simplify its ability in order to offer loans and accept deposits in the country. UBS views the United States as a crucial market for its growth strategy. According to a Bloomberg report, the bank is considering an application for broader operational permissions under the Office of the Comptroller of the Currency. UBS Group AG’s CEO, Sergio Ermotti, identifies the U.S. wealth management sector as a vital growth area, par ...