News list for "UBS reported that the source of funding"

UBS is understood to be stepping up scrutiny of clients' funding sources in its fast-growing Asian wealth centres, requiring some clients to disclose more information to prevent further clashes with regulators. People familiar with the matter said the bank was enlisting Deloitte and KPMG to help review client documents, mainly in Singapore and Hong Kong, for signs of illicit activity such as money laundering.

2025-10-16 09:34:32