UBS Hong Kong Wealth Hiring Targets 50 Bankers After Record North Asia Year

UBS Hong Kong wealth hiring plans include about 50 new bankers for its wealth business after its North Asia franchise posted record revenue last year, with recruitment focused on high net-worth clients as the bank looks to broaden beyond its recent emphasis on billionaires, Asia-Pacific wealth co-head Amy Lo said.

UBS brought in USD62.5bn of net new assets in Asia in 2025, helped by Hong Kong’s active IPO market and so-called win-back flows after the integration of Credit Suisse.

The bank has also taken over a new office in West Kowloon and will selectively expand onshore in mainland China, she added.