Economy‘We were always here’: UBS CEO reaffirms Hong Kong commitment despite US expansion

UBS will continue investing in Hong Kong and mainland China, seeing the city as a gateway to wealthy clients across the border. CEO Sergio Ermotti said the bank takes a long-term view of its regional business, rather than reacting to short-term policy cycles, and rejected suggestions that US expansion would come at Asia’s expense.

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SSouth China Morning Post★★☆☆☆2026-11-09 23:00Original