Updated Sunday, April 20, 2014 as of 7:27 PM ET
Industry - Wirehouses
UBS’s Weber Sees ‘Challenging Environment’ for Wealth Management
by: Elena Logutenkova
Wednesday, March 27, 2013

(Bloomberg) -- UBS AG, Switzerland’s biggest bank, still sees a “challenging environment” for its wealth management business as clients remain reluctant to invest on a large scale, Chairman Axel Weber said.

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