UBS

- By Risk Staff
- 01 Oct 2008

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If a bank wants to be a leading manufacturer of wealth management products, it helps to belong to a group that runs the largest private bank in the Asia-Pacific region. It's something that investment bankers at UBS have benefited from for a number of years, despite the Swiss private bank ostensibly operating an 'open architecture' wealth management platform.

But the close relationship between a group's investment bank and private bank causes more than a few challenges in times of troubled

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