UBS sees Latam outflows as tax amnesties stimulate redemptions

Net withdrawals from emerging-market clients amounted to USD 2.4 billion in the second quarter -- much of it from Latin America - said UBS's chief financial officer Kirt Gardner.

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To raise cash, BTG ponders sale of Swiss bank to EFG

EFG, the Swiss private bank controlled by billionaire Spiro Latsis and his family, would double its assets under management should the sale go through.

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