ZURICH, March 15 (Reuters) - UBS Chief
Executive Ralph Hamers said the Swiss wealth manager has
benefited from recent market turmoil and seen money come to the
bank, at a Morgan Stanley conference on Wednesday.
"In the last couple of days as you might expect we've seen
inflows," Hamers said. "It is clearly a flight to safety from
that perspective but I think three days don't make a trend."
Banks around the world have been swept up in a sell-off
prompted by the collapse of two U.S. lenders last week that
forced regulators to step in and guarantee deposits.
(Reporting by Noele Illien; Editing by Toby Chopra)
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