UBS launches innovation centre in Singapore

Singapore

UBS has launched an innovation centre in Singapore as the world's largest private bank steps up its digital offering to meet the demands of IT-savvy clients.

The UBS Centre for Design Thinking and Innovation in Singapore is the first of its kind for the Swiss bank in the Asia-Pacific, it said on Wednesday.

The Singapore centre will focus on creating new innovative and user-centric products to meet the evolving needs of clients, said Juerg Zeltner, UBS Wealth Management president.

According to the UBS PwC 2015 Billionaire Report, Asia is set to become the centre of billionaire growth and accounts for 36 per cent of self-made billionaire wealth. Billionaire wealth in Asia could surpass that of the United States within …