ZURICH (Reuters) - UBS has told its employees to stop business travel within the Middle East, in light of a deepening conflict between Israel and Hamas, a source told Reuters on Wednesday.
"Out of an abundance of caution, we are postponing all business travel and events in the Middle East for the foreseeable future as we seek to ensure the safety and security of our clients and employees," a person familiar with the matter said.
UBS has also postponed a wealth management event, scheduled to take place in Qatar later this month, as first reported by Bloomberg.