Singapore
UNION Bancaire Privee (UBP) is on track to meet its target assets under management in Asia of 15 billion Swiss francs (S$21 billion) in the short term, said UBP private banking chief executive Michel Longhini.
The bank currently has client assets and liabilities of about 12 billion Swiss francs in Asia, representing a growth of about 11 per cent since the acquisition of Coutts was completed last April.
Mr Longhini said growth has come from a number of aspects. One is the hires made last year...