UBP sets up office in Taiwan

Pedro Gonçalves
clock • 1 min read

Swiss private bank Union Bancaire Privée (UBP) has set up an asset management unit in Taiwan and also obtained the Securities Investment Consulting Enterprises licence from the Financial Supervisory Commission. This enables UBP Asset Management Taiwan, the bank's new Taiwan subsidiary, to distribute Taiwan-registered funds to domestic investors as a master agent.  "We continued to invest in both our offering and our resources amid declining markets and a clear drop in client transaction volumes," UBP chief executive Guy de Picciotto said in a statement. "The acquisitions of ACPI an...

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