trending Market Intelligence /marketintelligence/en/news-insights/trending/dkyBt6bpa5S_fI0assSzSA2 content esgSubNav
In This List

UBS to open new unit in Miami


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Banks’ Response to Rising Rates & Liquidity Concerns

UBS to open new unit in Miami

Zurich-based UBS Group AG is opening a new unit in Miami that will focus on Latin American independent wealth managers, reported, citing UBS' head of financial intermediaries, Stefano Veri.

The license for the new branch is due, the report said.

Mariana Gregori was appointed to head the Miami unit. Gregori was most recently the chief of staff for Veri.

The Miami branch is expected to generate 20% to 30% of the company's international financial intermediaries business, the report said, citing the bank's plan.

UBS is also considering expanding into other jurisdictions, but would first like to build up its Latin American clients in the U.S., the report said.