UBS hires 'content reviewers' to vet its Chinese research publications

FILE PHOTO: The logo of Swiss bank UBS at its Zurich headquarters in Switzerland, July 27, 2015. REUTERS/Arnd Wiegmann

Swiss bank UBS is hiring a team of ‘content reviewers’ to make sure that Chinese research publications by its analysts are free from any “sensitivities”, the Financial Times reported on Saturday.

A job advertisement posted by the bank in July for its global wealth management division said that the reviewers would have to make sure the language, tone and content of the reports were appropriate and adhered to regulatory as well as internal guidelines, the newspaper reported.

The bank now has one employee who sits alongside the research editing team, the newspaper added, citing a person close to the hiring process.

UBS did not immediately reply to a Reuters’ query for comment.

The move comes three years after UBS global chief economist Paul Donovan was suspended over a comment about pigs in China that triggered a row with clients who perceived the remark as a racist slur.

Reuters

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter

You have 3 free stories remaining for the month. Register to continue reading our content