UBS executive board member Iqbal Khan wants to expand credit to rich clients as a way to grow the Swiss bank’s wealth management business, it was reported on Sunday. 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. “Financing is definitely an area where we could do more,” Khan said in the memo, according to the newspaper. …read more
Source:: Yahoo Finance
