Two quotes courtesy of The Financial Times
'One of the biggest problems for UBS in wealth management has been all the negative headlines created by the mishaps at their investment bank. That scares off wealthy clients like nothing else'
'(UBS’s) model is strategically flawed. I don’t believe you can run a wealth management business....without a strong investment bank because by far the largest growth driver will be entrepreneurial wealth'.
UBS leads way in to wealth management (fee-based content)
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