UBS plans digital banking model for the mass affluent in America


FILE PHOTO: The logo of Swiss bank UBS is seen at a branch office in Basel, Switzerland March 29, 2017. REUTERS/Arnd Wiegmann

ZURICH (Reuters) - UBS wants to build a digitally scalable advice model for affluent clients in the Americas, it said on Tuesday as it reported third-quarter earnings.

As part of its new 2025 strategic vision, which Chief Executive Ralph Hamers said would be presented in February, the bank intends to provide wealthy clients in the Americas with a "seamless digital experience with remote human advice", it said in presentation slides.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Health conglomerate Kaiser notifies millions of a data breach
Google parent Alphabet announces first-ever dividend of 20 cents per share
Intel forecasts second-quarter revenue below estimates
T-Mobile raises forecast for subscriber additions on demand for its discounted plans
Snap beats first-quarter expectations with ad platform improvements
Crypto firm Consensys sues US SEC over Ethereum regulation
Warner Bros Discovery to launch data platform for better ad-targeting
Microsoft-backed Rubrik's stock jumps 21% in NYSE debut
Reddit back up after brief outage affected thousands globally
Amazon Prime Video to exclusively stream two NHL seasons in Canada

Others Also Read