To receive 2017 bonus money, brokers must sign contracts prohibiting them from contacting former clients (and other UBS employees) for a year if they leave.
Craig Price wipes four auction-rate security complaints from his record while his wrongful termination claims against UBS proceeds.
UBS Group AG hired a former Morgan Stanley banker to run its ultra-high net worth business in Saudi Arabia as the bank combines its wealth management operations, according to a person familiar with the matter.
Frank Minerva, a 29-year PaineWebber veteran, shifts from market head in Connecticut to assist Northeast division director Paul Hatch, while Luis Cardoso becomes CFO of wealth operations in the Americas.
Case in San Francisco alleges that Swiss bank avoided outright sale of U.S. unit to Wells Fargo to avoid a “triggering” event that would have accelerated compensation payments after it shuttered operations.
Arbitration panel awards UBS full promissory note claims and legal fees from a broker who left after just over one year for Oppenheimer.
Don’t follow global panic and sell stocks just yet, says UBS.
UBS Group AG may require staff to seek approval before trading cryptocurrencies in their personal accounts, bringing its policy on whipsawing virtual money into line with its rules on dealing other securities.
Swiss bank to combine its flagship international wealth management units with formerly autonomous U.S. business, giving U.S. boss Tom Naratil co-leadership role.