UBS

Swiss banking giant UBS is exploring the launch of cryptocurrency trading services for its wealthy private bank clients in Switzerland, with potential expansion to the US and Asia-Pacific. The move responds to increasing demand, though no final decision has been made. A UBS spokesperson highlighted the bank's ongoing digital asset strategy amid regulatory and market developments.

January 08, 2026 Reported by AI

Continuing coverage of Tesla's EV challenges (see Jan 5 Q4 miss analysis), UBS analyst Joseph Spak on January 5 maintained a 'sell' rating with $247 target, arguing AI ventures like robotaxi and Optimus are overvalued amid declining EV sales and slashed earnings forecasts—much upside already priced in despite tech progress.