UBS Plans to Double Staff in China, CEO Ermotti Says

  • CEO plans bank's biggest push in China amid volatile markets
  • China remains `great opportunity,' Ermotti says in interview

UBS's China Growth Plan Doubles Down on Headcount

UBS Group AG will double its staff in China over five years, adding about 600 people as Chief Executive Officer Sergio Ermotti bets a time of volatile markets is as good as any for ramping up operations.

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