Swiss regulators push UBS to sell its US unit, sparking takeover talks with Morgan Stanley and others.

Swiss regulators want UBS to divest its US subsidiary, UBS Americas, due to heightened capital requirements and risk concerns following the Credit Suisse takeover. UBS Americas, known for its wealth management with $2.4 trillion in assets, is seen as risky by Swiss authorities who prefer to keep private banking domestic. Potential buyers like Morgan Stanley and Bank of America’s Merrill Lynch are interested, but UBS CEO has resisted shrinking the bank. The move could reshape UBS's US presence and impact the wealth management industry.

Morgan Stanley and Bank of America, potential buyers of UBS Americas, show balanced trading on Pluang. As of Nov 06, 2026 19:11 WIB, Morgan Stanley trades at USD 182.21 with a slight 0.13% drop. Bank of America is priced at USD 49.71, down 0.10%, with equal buy and sell orders. Both have dividend yields above 2.5%, reflecting steady investor interest despite the UBS saga.