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UBS cautions private bankers on travel to China

Warning comes as one of the Swiss bank’s wealth managers in Beijing is asked to aid in an investigation

Swiss bank UBS has warned some of its bankers to reconsider travel to China following a request by authorities in the country for one of its wealth managers to aid in an investigation, says a person familiar with the situation.

The nature of the probe and the authorities’ interest in speaking with the banker, a woman from Singapore, is not known, the person said Saturday.

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