In the giving mood
Oct. 8 - UBS says it has seen an increase in the number of families and individuals looking to set up charitable foundations in South Asia and South America.
UBS puts this down to the fact that "more and more families want to give back."
Dr. Maximilian Martin, speaking at the Reuters Wealth Management Summit in Geneva on Monday, says it's is "extremely important" for private bankers to offer philanthropy services for clients.
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