UBS's Orcel Says U.S. Is Top Priority for Investment Bank

UBS’s Orcel Sees Fed Keeping A Close Eye on the Economy

UBS Group AG sees the U.S the “No. 1” target for its investment bank, said Andrea Orcel, the unit’s president.

The investment bank is also expanding in the Asia Pacific region and in areas where other lenders have pulled back, he said in an interview Thursday with Bloomberg TV’s Jonathan Ferro.

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