UBS Kowloon office opens for business
CBI member UBS opened a new office at One Peking Road in Kowloon, Hong Kong to provide wealth management services to entrepreneurs and other client segments in Kowloon and the New Territories. With an expected 100-strong team by year-end at UBS’s first office based outside Hong Kong’s Central Business District, the firm recently leased a further floor of the new premises, which will have a total gross floor area of 36,000 square feet. Please read more here.
UBS opens new Shanghai branch
CBI member UBS announced that UBS (China) Limited, UBS’s locally-incorporated wholly foreign-owend bank focusing on wealth management business, had opened its new Shanghai branch. Following the opening of a sub-branch in Beijing in October 2014, the new Shanghai branch became UBS’s second ground-floor presence in the Asia-Pacific region and part of the branch network that will underpin UBS’s growth in domestic wealth management business in China. The new branch is located in Xintiandi in Shanghai’s Huangpu district. A unique feature of the premises is the display of 37 western and Chinese contemporary art pieces selected from the UBS Art Collection. Please read more here.