UBS Chinese subsidiary gets distribution licence
Making it the second wholly foreign-owned enterprise to obtain such permissions
UBS
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US in the news: Mercer Advisors makes double acquisition
A round-up of people moves and M&A deals across North America
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French court delays verdict in UBS €4.5bn fine appeal
It is seeking to overturn a 2019 ruling that it helped wealthy clients hide assets offshore
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US in the news: CI Financial buys Silicon Valley wealth manager
A round-up of people moves and M&A deals across North America
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UBS launches Japan wealth management JV
It has operations in Tokyo, Osaka and Nagoya
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Hong Kong financial watchdog fines UBS for regulatory breaches
‘Bank failed to act with due skill and care’
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UBS unveils family trust solutions in China
It is reportedly the first foreign bank to provide the services onshore
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UBS fined $8.1m over ETP sale compliance failures
‘Advisory firms must protect clients from inappropriate investments in complex products’
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UBS invests in Singapore digital wealth platform
Total sum of the start-up’s Series A funding round was $22m
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UBS GWM partners with Invesco Real Estate
Agreement will give the wealth manager’s clients access to global property investment strategies
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60% of savers globally want to invest more sustainably
‘Pandemic has prompted many investors to re-evaluate what matters most to them’
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UBS to cut jobs across wealth and investment units
It is reportedly the first part of a three-year long restructure