UBS to open flagship office in Edinburgh

Published: 07 February 2018

The wealth management arm of financial services giant UBS has revealed major investment in Edinburgh as it prepares to move to a larger site in the city where it is looking to double its headcount.

The firm is currently based in Wemyss Place in the city centre, but has signed a ten-year lease on new premises at 1 St Andrew Square as it looks to grow staff from 16 to 30 over the next two years.

The move is expected to take place by May and will see it sit alongside fellow St Andrew Square occupants such as Standard Life Aberdeen and Rathbones.

We’re proud to already have the largest regional presence of any global wealth manager in the UK. The new Edinburgh headquarters will become the flagship office for our business outside London.

Jonathan Brown, Head of Regions , UBS Wealth Management

 

Scotland regional head Debjani Raffan told Scotland on Sunday that the firm has seen such strong demand over the past ten years that it is now “bursting at the seams” at its current location, amid “ambitious” growth plans...

Full story via Scotsman News

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