Wealth and Asset Management
UBS’s Naratil Doesn’t Rule Out M&A to Grow U.S. Wealth Biz
UBS Wealth Management USA is open to M&A to achieve the scale and steeper profit margins of its bigger rivals, but it is also confident that it can boost profitability with its existing sales force, Tom Naratil, co-president of UBS Global Wealth Management, said on Monday. “We do look at…
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