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The Scoop with Shruti Advani: Why UBS has a 36,000 square foot billboard in Kowloon

(left to right) Jean-Claude Humair, regional market manager, HK, UBS Wealth Management, Kathryn Shih, president UBS Asia Pacific, Reto Renggli, consul-general of Switzerland to Hong Kong, Amy Lo, head of wealth management Greater China and country head of UBS Hong Kong, Dr. Charles CK Yeung, chairman of The Glorious Sun Holdings Ltd, Adeline Chien, head of Kowloon Office, HK, UBS Wealth Management

First quarter numbers, as any private bank on the street will tell you, have been less than stellar. A quarter-on-quarter comparison with last year’s numbers paints an even sorrier picture. To be fair, this is largely because the first quarter last year was “gangbusters”, as one banker eloquently put it. “We are operating from a cost-conscious mindset but we continue…

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