From billionaires to towkay heirs: UBS widens Singapore wealth push
The Swiss banking giant is sharpening its focus on clients with at least US$2 million in investable wealth
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[SINGAPORE] UBS, long associated with managing the fortunes of billionaires, is casting its net wider in Singapore.
The Swiss bank is sharpening its focus on clients with at least US$2 million in investable wealth, as the region produces more millionaires and established fortunes are divided among a new generation of heirs.
“We’re at the heart of where wealth is growing, and we’re in a good position to capture it,” said Patricia Quek, UBS’ business sector head for Singapore and Malaysia, in an interview with The Business Times.
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