UBS, Sumitomo Mitsui to launch Japan wealth management venture

UBS, Sumitomo Mitsui to launch Japan wealth management venture

Pedestrians walk past the entrance to UBS Group AG's headquarters in Zurich, Switzerland. Photographer: Philipp Schmidli/Bloomberg

UBS Group AG and Sumitomo Mitsui Trust Holdings are set to announce a new joint-venture as they seek to boost market share among Japan’s wealthiest individuals.

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