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APAC, emerging markets lead UBS net new money inflows

UBS’s finances for the second quarter of 2013 were hit by the Swiss-UK tax agreement and internal restructuring costs, but its Asia Pacific and emerging markets private banking businesses led the way in terms of net new money inflows. Despite inflows for Asia Pacific decreasing by 35% quarter-on-quarter, the region accounted for 37% of UBS Wealth Management total to net…

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