Gen Z spent twice as much on art than older generations, according to the latest Art Basel and UBS survey.
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With how quickly ETFs are evolving, the industry may not be far off from packaging paintings, memorabilia and more in the wrapper.
Covenant says its factories will be capable of producing 1,000 missiles each next year, with the goal of scaling up to 5,000 missiles a year.
The UBS Global Wealth Report says the ranks of the wealthy are swelling at every income level.
An advisor’s role doesn’t end after an inheritance.
Both firms reported slight dips in their overall advisor headcounts for the first quarter.
Advisor career choice is high, with many opting for regional firms to avoid the wirehouse system and opening their own practice.
Some traders see a possible parallel to the spike and subsequent crash in oil prices in 2008 if the war drags on and threatens supplies.
Transactions like these, where the interests of suppliers, customers and investors all seem to become one big loop, raise plenty of eyebrows.
However, the Zurich-based company’s global wealth unit attracted strong inflows from Asia, Europe and the Middle East.
The bank is reportedly opening up access to clients in Switzerland ahead of a global rollout.
These days, relations between the Swiss government and UBS are as cold as the La Brévine valley in December.
Thin margins are one reason, but the shutdowns don’t necessarily spell the end of automated advice.
Women’s average spending on art and antiques was 46% higher than men in 2024, according to UBS data.
In 2009, UBS reportedly threatened to leave the country if it deemed post-fiancial crisis regulations to be heavy-handed.
Small, mountainous Switzerland — a country that ranks 61st in the world by total area — is one of the world’s biggest investors in the US.