Wealth and Asset Management
UBS France to buy Banca Leonardo's French private banking arm
UBS France (UBSG.S) is to buy the local private banking arm of Italy's Banca Leonardo, the latest instance of consolidation in the private banking industry, which is having to contend with rising regulatory costs and a pressure on fees. As part of the deal UBS France, a subsidiary of UBS…
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Click here to read the full story: Reuters