UBS looks beyond HK island to expand market share

The Swiss bank will open a new office in Kowloon and add client advisers in the first quarter of 2016.

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...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222