UBS
Managed Money Champion Paul Hatch Exits UBS
Hatch, who was reorganized out of a top UBS sales management job in December, has formed an asset management consulting firm with former BlackRock executive Frank Porcelli and former UBS Wealth planning head Jeff Miller.
UBS Severs Ties With Some Wealthy Venezuelans Amid Sanctions
UBS Group AG is severing ties with some Venezuelan clients it serves from the U.S. as the Trump administration tightens sanctions on a country that’s mired in a power struggle.
UBS Hires Million-Dollar Bank Producer, Names New Florida Manager
Arizona broker who produced $1.1 million in the past year at BMO Harris joins wirehouse.
Wirehouse Wars: $4 Million of Production Changes Hands
Wells Fargo Advisors adds about $2.3 million of revenue via a Merrill broker in Houston and a UBS broker in San Francisco, while UBS nabs a $2.2 million Raymond James team in Westport.
Ex-UBS Broker with $7 Million Production Joins Connecticut RIA
NYC broker who was discharged in May over compliance flubs has reunited with former UBS colleagues at their advisory firm Procyon Partners.
Wells Hires Virginia Wirehouse Veterans from Merrill, UBS
Broker Charles Bull leaves Merrill’s Charlottesville branch after 26 years, while UBS’ William Hardin joins Wells in Roanoke after 22 years at rivals.
Alex. Brown Hires $280 Mln-Asset UBS Miami Team, LPL Nabs $180 Mln Wells Broker
Trio joining Raymond James’ high-net-worth client unit are at least the third move to its Miami branch from UBS since December.
UBS Scores Naming Rights to N.Y. Islanders Arena in Queens
UBS Group AG clinched the naming rights for the future home of the New York Islanders hockey team that’s part of the $1.5 billion Belmont Park redevelopment project in Queens.
Merrill Names Ex-UBS Manager to Run Rock Center Branch, Dissolves NYC Complex
Kenneth Correa, who joined Merrill last year, takes reins of 140-broker office in midtown Manhattan as his former complex gets subdivided.
UBS Wealth Americas Attracts Client Assets Despite Declines in Profit, Headcount
After almost two years of net withdrawals, UBS’ Americas clients have added $3.4 billion to their accounts in 2020.
UBS to Pay $10 Million for Retail Muni Bond Violations
UBS settles charges that it funneled bonds intended for retail customers to “flippers” and gamed issuers’ allocation procedures, while two brokers were each fined $25,000 and ordered to disgorge profits.
