UBS chairman says Switzerland banks facing competition from Hong Kong and Singapore

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

pmbug

pmbug

Your Host
Administrator
Benefactor
Messages
19,326
Reaction score
7,385
Points
268
Location
Texas
United-States
UBS Chairman Colm Kelleher on Tuesday said Switzerland is having an "identity crisis" about its role in the world of banking.

Kelleher, speaking at a global financial leaders' investment summit in Hong Kong, said the European country where UBS is headquartered faces competition in the global wealth management market from centres such as Hong Kong and Singapore for the first time.
...
Click to expand...

More:
sg.finance.yahoo.com

UBS chairman says Switzerland is having an 'identity crisis'

By Kane Wu and Selena Li HONG KONG (Reuters) -UBS Chairman Colm Kelleher on Tuesday said Switzerland is having an "identity crisis" about its role in the world of banking.
sg.finance.yahoo.com sg.finance.yahoo.com

I guess China's SGE/gold internationalization push is having broad impacts.
 
You must log in or register to reply here.
Back
Top Bottom