UBS Cements Lead As Largest Private Bank, Assets Near $2 Trillion: Study - Presented by: The Aol. On Network

UBS cemented its lead over U.S. brokerage Bank of America as the world's largest private bank and is within striking distance of managing $2 trillion on behalf of the wealthy. The study by London-based wealth management consultant Scorpio Partnership found that Morgan Stanley, Credit Suisse and Royal Bank of Canada rounded out the top five overall.



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