(Bloomberg) -- UBS AG, Switzerlands 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.
Our clients have started to be a bit more active, but the current period is still one where risk-off has come back, Weber said in an interview with Bloomberg Televisions Francine Lacqua today. Our clients havent really made a big move to be back in the market and thats why its still a challenging environment.
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