Skip to content
Subscriber Only

UBS Joins Credit Suisse in Focus on Lowest Ranks of Wealthy

  • UBS to move more clients into lowest private banking bracket
  • Wealth managers streamline basic wealth services to cut costs
Spy Scandal Leaves UBS Group AG With A Headache
Photographer: Stefan Wermuth/Bloomberg
Updated on

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

UBS Group AG plans to offer scaled-back services to a broader group of wealthy clients, joining Credit Suisse Group AG in changing how it targets the lowest ranks of the rich.