The levy would apply to taxpayers who for three consecutive years have had assets worth at least $1 billion or have earned at least $100 million three years in a row.
UBS' new digital bank will service affluent customers with between $250,000 and $2 million in assets, putting it more in direct competition with firms like Morgan Stanley.
Gina Haspel will oversee King & Spalding’s risk-advisory service, working with major banks and other institutional firms to help clients assess risks to family wealth.