UBS replaces wealth management CFO in strategy overhaul
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ZURICH (Reuters) - UBS is replacing the head of finance for its flagship wealth management business in one of the unit's first high-level departures since a strategy overhaul announced in January.Switzerland's biggest bank is cutting senior staff in its wealth management business, the world's largest with $2.6 trillion in assets under management, as it seeks to revive profits under the joint leadership of Tom Naratil and former Credit Suisse banker Iqbal Khan. It is looking to cut some 500..