UBS Wealth Management loses two but gains one in Hong Kong

As the private banker merry-go-round continues in Asia, two senior Hong Kong-based executives recently left UBS Wealth Management, while one has joined the firm.

Dominik Fuerst has resigned as executive director in the ultra-high-net-worth (UHNW) business competence centre – a team of multi-asset-class investment specialists – in Hong Kong. He had been at the Swiss banking giant for his whole career, since 1999. Fuerst has another job lined up, says a Hong Kong-based source, but he does not know where.