UBS Chair Warns Switzerland Losing Edge, Insurance Systemic Risk
UBS Group AG’s chairman blasted his home market of Switzerland as losing its luster as a wealth management hub to Hong Kong and Singapore, while also warning against looming risks...
By Ambereen Choudhury · Bloomberg Markets
UBS Group AG’s chairman blasted his home market of Switzerland as losing its luster as a wealth management hub to Hong Kong and Singapore, while also warning against looming risks in the US insurance industry.