Finance

UBS plans digital banking model for the mass affluent in America

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The brand of Swiss financial institution UBS is seen at a department workplace in Basel, Switzerland March 29, 2017. REUTERS/Arnd Wiegmann

ZURICH, Oct 26 (Reuters) – UBS needs to construct a digitally scalable recommendation mannequin for prosperous purchasers within the Americas, it mentioned on Tuesday because it reported third-quarter earnings.

As a part of its new 2025 strategic imaginative and prescient, which Chief Government Ralph Hamers mentioned could be offered in February, the financial institution intends to supply rich purchasers within the Americas with a “seamless digital expertise with distant human recommendation”, it mentioned in presentation slides.

Reporting by Brenna Hughes Neghaiwi; Enhancing by Michael Shields

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