Swiss bank UBS restructures wealth management business in Asia

Swiss bank UBS restructures wealth management business in Asia

A workman, suspend from wires, take down a UBS Group AG logo from their old offices at Broadgate circle in London, U.K., on Friday, Nov. 18, 2016. "Wait and see is also UBS's attitude toward Brexit," UBS Group AG Chairman Axel Weber said Wednesday at a conference in the U.K. capital. Photographer: Chris Ratcliffe/Bloomberg

UBS Group AG is revamping its wealth management business in Asia as the Swiss bank implements a sweeping global shakeup driven by new wealth co-head, Iqbal Khan.

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