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When UBS bankers leave, clients' wealth stays: global head

Major retention factor is that "the brand is more important than the person"

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Mr Stadler said the ultra-high-net- worth segment "is the most profitable segment in UBS. We control costs by not overhiring."

Singapore

DESPITE the merry-go-round of private bankers, UBS has managed to keep more than 90 per cent of the assets of its richest clients with the bank when a banker leaves. This cements the ultra-high-net-worth (UHNW) segment as the most profitable tier of the bank, says its global...

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