UBS to expand presence in U.S. market

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<span>© Reuters. A UBS logo is seen next to Credit Suisse at the Bahnhofstrasse before a news conference of Swiss bank UBS in Zurich Switzerland, August 30, 2023. REUTERS/Denis Balibouse/File Photo</span><br />
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<p>(Reuters) – Swiss bank UBS plans to expand its presence in the U.S. market as part of its strategy to hit $150 billion in net new money, or inflow of new funds, per year, an executive told Swiss newspaper NZZ Am Sonntag in an interview published on Sunday. </p>
<p>The fourth-largest asset manager in the United States plans to invest heavily over the next three years, Iqbal Kahn, head of its asset management division, told the paper. </p>
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<br /><a href="https://www.investing.com/news/stock-market-news/ubs-to-expand-presence-in-us-market–swiss-paper-3248203">Source link </a></p><p>The post <a href="https://forextraderhub.com/ubs-to-expand-presence-in-u-s-market.html">UBS to expand presence in U.S. market</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>