The fees will hit international wealth management clients located abroad and holding deposits in Switzerland.
The appetite for green or socially responsible investments among young wealthy people is overstated.
As the global economy continues to slump, the wealthy are seeing opportunities.
Billionaires will transfer more than $2 trillion within the next two decades.
Three billionaires show the perils of borrowing money against stock in your own company.
The Swiss bank employs just short of 70,000 people in 50 countries.
The move by UBS follows similar bans on global travel by peers JPMorgan Chase & Co. and Citigroup.
It's the latest European bank to consider changes at the top in an industry beset by sluggish growth.
Khan said he sees potential “quick wins” by adding more lending within the wealth division.
UBS's pivot away from investment banking towards wealth management is paying dividends.
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