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 top-notch corporate banking, foreign exchange (FX), and product offerings to achieve a record-breaking year.
- Net income of $1.4 billion in the third quarter of 2024, exceeding analysts' expectations.
- Corporate banking division revenue increased by over 8% year over year.
- Average daily electronic FX trades of over $125 billion.
- More than 2,500 active global clients.
The bank experienced substantial growth across various geographies and currency pairs.
Author's summary: UBS named best global foreign exchange bank.