On July 2, UBS rose 3.08% in regular trading, trading at $51.43/share, with turnover of $6.406 million.

On the news front, UBS plans to begin testing everyday banking services for its US employees as early as December, laying the groundwork for a full-service bank targeting wealthy American clients by mid-2027. The move is expected to help UBS compete more directly with rivals such as Morgan Stanley and Bank of America, whose integrated banking platforms have boosted their wealth management operations.

UBS is also seeking to expand its client base beyond ultra-high-net-worth individuals by targeting affluent investors with $2 million to $10 million in investable assets. The bank expects that offering everyday banking services will improve client retention and support growth in its US wealth management business, broadening its revenue base in a key market.

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