A surge in Japanese asset prices is giving a fillip to the notoriously tough wealth management industry there, industry observers tell Asian Private Banker. Despite pausing for breath in a record-setting month, the Nikkei 225, a broad measure of Japanese stocks, is hovering around a three-decade high. On Monday, it notched up a gain of about 16% for November, the […]

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Following plans to cut 500 wealth management jobs globally, UBS Global Wealth Management has reorganised its reporting structure and shuffled its senior ranks in Asia, in a bid to streamline decision-making and bring clients closer to its leadership. Henceforth, UBS GWM in Asia will use the “sector head” designation, replacing the “regional market manager (RMM)” and “country team head” titles that […]

The post UBS names sector heads, reorganises Asia leadership in major WM redesign appeared first on Asian Private Banker.