(Reuters) – The Financial Times reported on Saturday that Swiss bank UBS has appointed a team of “content reviewers” to ensure that Chinese research publications by its analysts are clear of any “sensitivities”.
The newspaper reported that a job advertisement published by the bank in July for its global wealth management division said auditors would have to ensure that the language, tone and content of reports were appropriate and adhered to regulatory and internal guidelines.
The newspaper added, citing a person close to the recruitment process, that the bank now has one employee sitting alongside the research editorial team.
UBS did not immediately respond to a Reuters query for comment.
The move comes three years after UBS chief global economist Paul Donovan was suspended over a comment on pigs in China that sparked a row with customers who viewed the comment as racial slur.