Business

Coronavirus crisis a window of opportunity for bankers to the rich

ZURICH/LONDON (Reuters) – When markets slumped in March as the spread of coronavirus gathered pace, wealth managers’ trading volumes soared as ultra rich clients reshuffled their portfolios. It was this market frenzy that helped Swiss banks UBS (UBSG.S) and Credit Suisse (CSGN.S) – the world’s biggest wealth managers – post bumper first-quarter profits while much […]