There’s no financial institution quite like UBS in Latin America. It claims to be a unique player in the region, and so it is, offering a seamless blend of global and local wealth management services to ultra-high-net-worth clients.
The Swiss wealth management giant’s commitment to the region is unceasing, even as many of its key global rivals have, since the global financial crisis, downsized business lines or exited the market entirely. Some used an axe to chop out entire markets and business lines, while others favoured a scalpel for more targeted cost reductions.
With more than 1,400 employees scattered around Latin America, and a footprint spanning 11 countries, UBS has established itself as the standout provider of services to UHNWs, who benefit from its booking centres in Brazil and the Bahamas, as well as the US and Switzerland, not to mention a host of region-wide advisory offices in the likes of Panama, Mexico, Chile and Brazil.
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