UBS bolsters Middle East wealth management business with 10 new hires

Economy
DUBAI, June 25 (Reuters) – UBS (UBSG.S), opens new tab has strengthened its wealth management team in the Middle East with 10 new hires, it said on Tuesday, as the Swiss bank moves to tap into the influx of expatriates and growing population of rich individuals in the region.
UBS said in a statement it was updating its regional organization while bolstering teams on the ground with six people joining from HSBC (HSBA.L), opens new tab and four from Deutsche Bank (DBKGn.DE), opens new tab.
Source: REUTER

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