Ex-UBS Top Shot Buys Stake in Wealth Manager

KBL's 72 billion euros ($80.3 billion) in assets and 2,000 employees are puny compared to UBS. There, Zeltner oversaw more than $2 trillion in assets and nearly 10,000 staff until last year.


Ultra HNIs are directly investing in startups

Kotak Wealth Management, which identified many of these opportunities of direct investments, said more and more UHNIs are investing in unlisted firms swayed by higher returns.


UBS: Following Julius Baer's Example?

Since Chief Executive Sergio Ermotti cut the investment bank to size in 2012 and turned it into a support unit for wealth management, UBS remained adamant that a global wealth manager had to run a global investment bank.