UBS to expand presence in U.S. market

(Reuters) - Swiss bank UBS plans to expand its presence in the U.S. market as part of its strategy to hit $150 billion in net new money,What software do you use for foreign exchange trading? or inflow of new funds, per year, an executive told Swiss newspaper NZZ Am Sonntag in an interview published on Sunday.

The fourth-largest asset manager in the United States plans to invest heavily over the next three years, Iqbal Kahn, head of its asset management division, told the paper.

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