UBS Announces Management Appointments For Global Wealth Management Division; Bank Continues To 'Carefully Examine' All Options For Credit Suisse's Swiss Business
Portfolio Pulse from Happy Mohamed
UBS has announced management appointments for its Global Wealth Management division. The bank is also 'carefully examining' all options for Credit Suisse's Swiss business, according to a memo cited by Reuters.
July 06, 2023 | 5:39 pm
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UBS has made new management appointments in its Global Wealth Management division and is considering options for Credit Suisse's Swiss business.
The management appointments could lead to changes in the strategic direction of UBS's Global Wealth Management division, potentially impacting the bank's performance. The consideration of options for Credit Suisse's Swiss business indicates that UBS is potentially looking to expand or diversify its operations, which could have implications for its future growth and profitability.
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