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Today's Top Story: UBS hosts first-ever biodiversity-centric ESG conference

Bellinzona, Switzerland - 12 October, 2016: UBS sign on the wall of an UBS office building. UBS AG is a Swiss global financial services company, which provides wealth management, asset management and investment banking services for private, corporate, and institutional clients worldwide.

UBS Group AG recently organized its first-ever conference centred on the ESG aspect of biodiversity, indicating its aspirations to expand into a business sector previously targeted for growth by Credit Suisse before its downfall.?

Judson Berkey, UBS’s group head of engagement and regulatory strategy, expressed the aim of finding ways to facilitate financing for initiatives to conserve natural resources.?According to Berkey, the focus extends beyond risk mitigation to identifying investment opportunities that can yield returns for investors.

UBS reported that 250 institutional investors, corporate clients, family offices, and professionals participated in the private event on Tuesday.?Credit Suisse previously hosted this event in New York before UBS acquired the bank last year.?

Berkey mentioned that UBS had to reject some clients due to overwhelming demand exceeding the bank’s capacity. He added that UBS is contemplating broadening the focus of upcoming conferences in response to this high demand. Readmore

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