UBS shedding wealth management staff in Singapore, Hong Kong
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Singapore
UBS is seeing some departures from its wealth management units in Singapore and Hong Kong as the Swiss bank steps up its cost cutting programme.
The most high profile of the departures is Singapore-based Joseph Poon, who was head of ultra high net worth for South-east Asia. Prior to joining UBS about four years ago, Mr Poon was the head of Macquarie Private Wealth Asia.
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