World's Best Global Foreign Exchange Bank 2025: UBS
Global Finance has announced UBS as the World's Best Global Foreign Exchange Bank for 2025.
Following its megamerger with Credit Suisse in May 2024, UBS utilized its corporate banking, foreign exchange (FX), and product offerings to achieve a record-breaking year.
- The bank's global operation more than doubled analysts' expectations in the third quarter of 2024, with a net income of $1.4 billion.
- Corporate banking division revenue increased by over 8% year over year.
- UBS's FX operation averaged over $125 billion in daily electronic FX trades, with more than 2,500 active global clients.
The bank experienced substantial growth across several geographies and currency pairs.
Author's summary: UBS named World's Best Global Foreign Exchange Bank 2025.