Comment & Analysis
UBS, Favored by Bank Investors, Hits Snag in Wealth Expansion
UBS Group AG became a favorite with investors and the envy of European rivals after Chief Executive Officer Sergio Ermotti scaled back its trading unit to focus on managing the more than $2 trillion that wealthy customers have at the bank. Three years on, as Credit Suisse Group AG and…
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Click here to read the full story: Bloomberg