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UBS leads wealth managers with US$1.74t at end-2015: study

New York

UBS Group AG and Bank of America (BoA) Merrill Lynch stand atop the private-banking industry, managing more than US$3 trillion for the world's wealthiest people even as assets slid.

The private bank at Zurich-based UBS oversaw US$1.74 trillion at the end of 2015, compared...

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