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UBS' Khan: 'absolutely convinced' on wealth management profit goal

FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann/File Photo

ZURICH (Reuters) - UBS UBSG.S wealth management co-head Iqbal Khan is "absolutely convinced" the bank's flagship business can reach its goal of 10-15% pre-tax profit growth in the unit, he said at a conference in Zurich on Wednesday.

Khan, who joined Switzerland’s biggest bank in October, said his first four months in the job had convinced him the unit’s mid-term ambition -- which UBS reiterated in January -- could be reached.

Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields

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