UBS intrigue pits CEO against a rising star
While CEO Ralph Hamers pursues his vision of harnessing automated tools and boosting the firm's standing in the US, wealth business head Iqbal Khan and his disciples are concerned about diluting UBS' private banking brand.
Underneath UBS Group’s Zurich headquarters, where black Mercedes sedans drop off and retrieve their passengers, lies a zone by the elevators furnished with a cylindrical ashtray. It is here that Iqbal Khan, the powerful head of UBS’ wealth business, has been known to retreat
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