FILE PHOTO: Iqbal Khan, CEO International Wealth Management of Swiss bank Credit Suisse, smiles as he speaks during"The Wealth Management Industry - Into the next decade" at the Reuters Global Wealth Management Summit, Park Hyatt hotel, Zurich Switzerland, June 13, 2016. REUTERS/Arnd Wiegmann
Khan, the former Credit Suisse star manager who is now co-head of wealth management at UBS, said in a memo to staff he wanted to see “quick wins while working on long-term strategic solutions,” Sonntagzeitung wrote on Sunday. “We must make sure that we not only keep our competitors at a distance, but we also increase the distance to them,” the executive wrote.
The executive, wants to integrate more closely the activities of UBS’s asset management business with its investment bank, the newspaper reported.
As in counterfeit?
In other news, UBS helped some 52,000 U.S. residents hide billions of dollars in untaxed assets in secret Swiss accounts between 2000 and 2007. They were sued for tax fraud. Look it up. ARS
Attract russians money
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UBS wealth management co-head Khan unveils plans to grow business - paperUBS executive board member Iqbal Khan wants to expand credit to rich clients as ...
Source: Reuters - 🏆 2. / 97 Read more »
Billionaires Are ‘More Talented’—UBS Claims Billionaire-Led Businesses Nearly Double The Performance Of The MarketBillionaires are “a different breed”. That’s the message from Swiss private Bank UBS and PwC who claim that billionaire-controlled listed companies outperformed markets. When you have a bigger safety net, you have the ability to take bigger risks. While a billionaire may lose millions or billions from a bad deal, at the end of the day most will be fine. Most of the working class simply can’t afford the risk. Basically, billionaires can afford to invest in business strategy, when the mom and pops are just trying to keep the lights on
Source: Forbes - 🏆 394. / 53 Read more »
Companies helmed by billionaires are more profitable, says UBS study - Business InsiderCompanies run by billionaires performed twice as well as the market average in the last 15 years and it's part of the 'billionaire effect,' new study says So the companies ran by people with more money and power did better That’s mind blowing. Great work here Being a sociopath is the key link. Weird, it’s almost like if you let smart people keep their money instead of taxing it to the hilt, they can, like, create great business that employ a ton of people
Source: BusinessInsider - 🏆 729. / 51 Read more »
UBS wealth management co-head Khan unveils plans to grow business - paperUBS executive board member Iqbal Khan wants to expand credit to rich clients as ...
Source: Reuters - 🏆 2. / 97 Read more »