The world's largest asset manager continues its expansion into alternative investments as its adjusted operating margin hits its highest in nearly five years.
The Nasdaq-listed brokerage is adding popular US index options to its app to attract active Hong Kong traders, as it shifts focus towards licensed offshore markets.
UBS' annual report captures a historic wealth expansion across Asia, with South Korea posting world-leading growth and Hong Kong cementing its position among the top four richest markets globally.
Global investment houses are expanding their regional footprints with new leadership and local partnerships, aiming to capture cross-border wealth flows across Asia and Europe.