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UBS opens Shanghai branch

The Swiss lender opens its second ground-floor presence in China after opening its Beijing sub-branch in October 2014. The new branch is located in the Shanghai landmark, Xintiandi in Huangpu district. UBS (China) Limited, UBS AG’s locally-incorporated subsidiary bank opened the branch in the hopes that it will “underpin” its growth in its China domestic wealth management business, despite the recent turbulence…

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