UBS to Restructure Wealth Management in the U.S.

Reported 1 day ago

UBS is planning a major overhaul of its wealth management division in the United States, aiming to create six divisions and shift focus towards affluent clients rather than only ultra-wealthy ones. This restructuring, effective January 1, will reorganize their operational structure from two national divisions to four regions, intending to enhance responsiveness and decision-making, as the bank seeks to improve its performance in the U.S. market.

Source: YAHOO

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