World's Best Global Foreign Exchange Bank 2025: UBS
Global Finance has revealed its pick for World's Best Global Foreign Exchange Bank for 2025, awarding UBS for its outstanding performance.
Following its megamerger with Credit Suisse in May 2024, UBS leveraged its corporate banking, foreign exchange (FX), and product offerings to achieve a record-breaking year.
- Net income: $1.4 billion in the third quarter of 2024, exceeding analysts’ expectations.
- Corporate banking division revenue jumped by over 8% year over year.
- FX operation averaged over $125 billion in daily electronic FX trades.
- More than 2,500 active global clients.
UBS posted substantial growth across several geographies and currency pairs, solidifying its position as a leader in global foreign exchange.
UBS's thriving FX operation contributed significantly to its record-breaking year.
Author's summary: UBS wins award for best global foreign exchange bank.