UBS Gets Streetwise in China

UBS Shanghai

UBS Shanghai

Switzerland's UBS has opened its second ground-floor presence in Asia, focusing on growth in China's domestic wealth management.

Following the opening of a sub-branch in Beijing in October 2014, the new Shanghai branch becomes UBS's second ground-floor presence in the Asia Pacific region and part of the branch network that will underpin UBS's growth in domestic wealth management business in China, according to a press release sent on Thursday.

«Our branch in Shanghai represents the latest step in the expansion of our Mainland presence. While China's economy is undergoing a year of adjustment, we continue to believe in the strong fundamentals of the country's growth story,» said Jürg Zeltner, President Wealth Management, UBS.

Display of Western and Chinese Art

The new Branch is located in the Shanghai landmark, Xintiandi in Huangpu district. A unique feature of the premises is the display of 37 Western and Chinese contemporary art pieces selected from the UBS Art Collection.

WEB'S BEST

Top stories from across the globe

  • Singapore Stresses Under a Wealth of Worries
  • A Short History of Investing in Gold – and What to Expect for 2017
  • Asia Pacific's Top Six Credit Risks For 2017
  • The 5 Most Shocking News in 2016
  • Hazel Moore: Banks Are Completely Wasting Valuable Customer Data
  • Morgan Stanley CEO Makes First-Ever Stock Sales After Bank Rally
More

PHOTO GALLERIES

finews.asia Networking Event

finews.asia Networking Event

Show pictures

stars China Symposium 2016

stars China Symposium 2016

Show pictures

Compare my salary

Compare my salary

Feeling Underpaid? Benchmark your salary by job title, company and location. Find out where you stand in minutes.

compare my salary

Newsletter

Newsletter-SymbolFree Subscription

Subscribe to our free newsletter and receive daily email alerts from the finews editorial team with a list of the top featured articles.

Share with us

Do you have any market intelligence to share with finews.asia – email us on info@finews.asia – All communication is completely confidential and strictly anonymous.