Commentary

Why UBS needs to beat Barclays to become a top investment bank

The Swiss lender is pushing more towards leveraged finance under a new structure for its investment bank, but it has one big obstacle in the way of its ambitions

UBS has set big ambitions for its investment banking business
UBS has set big ambitions for its investment banking business Photo: Erik McGregor/Getty Images

David Wighton is a columnist at Financial News

If UBS is to meet its ambition of breaking into the top five investment banks in Europe and top six in the US it is going to have to knock Barclays out of the way first.

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