Comment & Analysis
Some private banks to charge the rich if accounts fall below wealth limit
Some private banks will start charging their clients fees if their assets under management fall below the financial threshold to hold an account. The Straits Times understands that UBS, the world’s largest wealth manager, will impose a US$5,000 (S$6,700) relationship fee on private banking clients with less than US$2…
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Click here to read the full story: The Straits Times