UBS considers changes to global family office unit
The bank is responding to internal wrangling about how the profits from the unit that deals with some of its richest clients are shared between its wealth management and investment management businesses.
UBS Group is in talks about ending the stand-alone status of a key unit that deals with some of its richest clients because of internal wrangling about how profits are shared between the wealth management and investment banking businesses.
The Swiss wealth manager is weighing plans to replace a s
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