UBS is expanding its wealth management business in Kowloon and the New Territories, having signed a lease on a new office at One Peking Road in an effort to woo wealthy entrepreneurs.
For us it’s more like a strategic decision to go to Kowloon to focus on the entrepreneur and to show this important group of prospective clients that we want to come your way, said Jean-Claude Humair, regional market manager Hong Kong of UBS Wealth Management in a briefing held at the bank's main office at the International Finance Centre, with a bird's eye view of the new office with UBS's signage.
To beef up...