In some ways, UBS’s mainland Chinese digital bank will be an online extension of its bricks-and-mortar branch in Kowloon, Hong Kong. Photo: Reuters In some ways, UBS’s mainland Chinese digital bank will be an online extension of its bricks-and-mortar branch in Kowloon, Hong Kong. Photo: Reuters
In some ways, UBS’s mainland Chinese digital bank will be an online extension of its bricks-and-mortar branch in Kowloon, Hong Kong. Photo: Reuters

UBS seeks China digital bank licence as part of plan to turbocharge growth and slash costs

  • UBS sees mainland China’s digital bank rules in place by June or July
  • The Swiss lender is targeting 200,000 wealthy clients within two years after securing a digital bank licence

Topic |   China economy
In some ways, UBS’s mainland Chinese digital bank will be an online extension of its bricks-and-mortar branch in Kowloon, Hong Kong. Photo: Reuters In some ways, UBS’s mainland Chinese digital bank will be an online extension of its bricks-and-mortar branch in Kowloon, Hong Kong. Photo: Reuters
In some ways, UBS’s mainland Chinese digital bank will be an online extension of its bricks-and-mortar branch in Kowloon, Hong Kong. Photo: Reuters
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