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PersonalFinance

UBS looks to Sumitomo Mitsui tie-up to crack Japanese wealth

ZURICH/TOKYO (Reuters) – UBS signed a joint venture deal with Sumitomo Mitsui Trust on Friday, aiming to crack a Japanese wealth management market where it has struggled to grow over the last 15 years. FILE PHOTO: The logo of Swiss bank UBS at the company’s headquarters in Zurich February 10, 2015. REUTERS/Arnd Wiegmann The deal, […]

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PersonalFinance

UBS, Sumitomo Mitsui Trust to establish joint venture for wealth management

ZURICH/TOKYO (Reuters) – Swiss lender UBS will sign a deal with Japan’s Sumitomo Mitsui Trust for a wealth management tie-up in Japan, with the two aiming to establish a new company by 2021, the Japanese bank said on Friday. FILE PHOTO: The logo of Swiss bank UBS at the company’s headquarters in Zurich February 10, […]

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