UBS WM Australia to transfer US$15 billion of assets

14 September 2015 | 2 minutes read

Following the exit of its former head of wealth management Australia to set up his own financial advisory firm, UBS Wealth Management (WM) Australia will also transfer US$15 billion of assets to the firm. Crestone WM is dubbed as UBS WM’s spin-off. It has reportedly struck a deal with UBS to assume financial licenses from the Swiss bank, which has transferred…

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