Iqbal Khan, the new co-head of global wealth management at UBS, plans to break up the Swiss bank's dedicated unit for the ultra wealthy. According to the Financial Times, this is part of an overhaul designed to increase higher-margin lending to some of the world's biggest family offices.
Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.
A subscription is free for professionals working at banks and independent asset managers.