In an apparent cost-cutting move, the Swiss banking giant has eliminated a longstanding group that coached financial advisors on growing assets and teaming.
UBS Group AG Chief Executive Officer Sergio Ermotti gave the most decisive verdict yet on the difficult markets faced by Europe’s investment banks, describing conditions as the toughest in years.
Century City manager who spent her career with UBS will manage southern California region for expanding San Francisco bank, while veterans from Merrill and Credit Suisse move to J.P. Morgan in Dallas.
Rick Singer’s admissions coaching website says Morgan Stanley, UBS, Opco and Pimco offered his services to clients and executives.
Chicago-area broker who owed more than $505,000 on four promissory notes gets bill reduced by almost one-third after his lawyer argued that UBS system for collecting the debt violated Illinois wage laws.
In another wirehouse-to-wirehouse rondo, UBS hires husband-wife team in Indianapolis from Merrill weeks after losing big producers in California to Morgan Stanley.
UBS Group AG promoted 96 employees to the level of managing director in the Americas as it seeks to gain more rich clients and expand in the region.
Everyone is asking: Can a Wirehouse RIA work?
The U.S. Labor Department is granting UBS Group AG permission to continue managing U.S. pensions unhindered for one year despite a new criminal conviction in France, while cautioning the Swiss banking giant that a future conviction anywhere in the world could jeopardize that status.