UBS’s $5tn ambition, SJP CEO says ‘farewell’ to advisers

UBS’s $5tn ambition, SJP CEO says ‘farewell’ to advisers

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UBS has overhauled its wealth management business to turbocharge growth two years after its shotgun wedding with rival Credit SuissePhoto: Bloomberg via Getty Images

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“We bank the world’s billionaires. That is our brand… but I want to add more advisers catering to high net worth and core affluent.”