Can Khan and Naratil make more of UBS Wealth?

UBS Global Wealth Management is the world’s best wealth manager. It is an accolade the firm has enjoyed for 13 of the 17 years of Euromoney’s annual survey. But its financial performance does not match its scale. A new partnership at the top of the firm has a plan to integrate business lines and streamline processes.

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Tom Naratil and Iqbal Khan are sitting in a conference room in UBS’s Weehawken office overlooking the Hudson River when Euromoney arrives to interview them. 

Naratil, an American history buff, is sharing the story of Alexander Hamilton’s death by duel – close to UBS’s office and memorialized in a statue outside – leading Khan, born in Pakistan and relocated to his mother’s native Switzerland as a child, to joke that his new role is an education in America.

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