Union Bancaire Privée’s (UBP) AUM will double after absorbing 60%-70% of Coutts’ Asian client assets once integration is complete, even as UBP’s global earnings slipped 3% in the first half of the year. The Geneva-headquartered pure play has reportedly US$2 billion in AUM in Asia. However, the acquisition of Coutts’ international private banking business will boost this AUM to just over…
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