UBS Plans to Increase Assets and Sees Growth in Asia

Tuesday, 26 March 2024, 10:39

UBS's Chief Executive Sergio Ermotti announces plans to boost assets sourced from clients in Asia, emphasizing the role of wealth and asset management in driving growth. Ermotti expects assets from the region to reach up to 20% in the next five to six years, up from the current 15%
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UBS Plans to Increase Assets and Sees Growth in Asia

UBS to Expand Asia Assets and Growth from Wealth and Asset Management

Hong Kong: UBS plans to increase assets sourced from clients in Asia with wealth and asset management sustaining its growth model, Chief Executive Sergio Ermotti said on Tuesday. Assets sourced from the region would be up to 20 percent in five to six years, from around 15 percent, according to Ermotti who spoke at an event in Hong Kong.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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