瑞銀集團在其美國財富管理業務面臨挑戰
UBS faces challenges in its US wealth management business
瑞銀集團（UBS）目前在其美國財富管理業務上正面臨艱難的過渡期。
UBS is currently facing a difficult transition in its U.S. wealth management business.
雪上加霜的是，近200名理財顧問已離開該公司，選擇轉投摩根士丹利（Morgan Stanley）和美國銀行（Bank of America）等規模更大的競爭對手。
Compounding this, nearly 200 financial advisors have left the firm, opting to join larger competitors like Morgan Stanley and Bank of America.
為了扭轉頹勢，瑞銀於2026年初獲得了美國國民銀行執照。
To turn things around, UBS secured a U.S. national bank charter in early 2026.
然而，成功與否取決於它能否在穩定人才庫的同時，管理好與瑞信（Credit Suisse）持續進行的複雜整合工程。
However, success depends on its ability to stabilize the talent pool while simultaneously managing the complex, ongoing integration of Credit Suisse.
執行長塞爾吉奧·埃爾莫蒂（Sergio Ermotti）面臨著一條充滿挑戰的道路；該公司必須證明其在應對監管壓力和內部重組的同時，能夠達到15%的稅前利潤率。
CEO Sergio Ermotti faces a challenging path; the firm must prove it can reach a 15% pre-tax profit margin while navigating regulatory pressures and internal restructuring.
瑞銀的全球策略未來，在很大程度上取決於能否成功度過這場美國業務的十字路口。
The future of UBS’s global strategy rests heavily on successfully navigating this U.S. crossroads.
