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Entries tagged "Robert McCann"A new day rising at UBS AmericasRobert McCann talks on Bloomberg TV about his new job of bringing UBS Wealth Management Americas back from the dead. McCann moves to UBSAfter a legal fight with Bank of America/Merrill Lynch to shorten the duration of his noncompete clause, Robert McCann is now CEO of UBS Wealth Management Americas. Is UBS selling its wealth management biz?Reuters is reporting that the change of management over at UBS' wealth management business could mean that it's up for sale again. Bank of America's enemies listThe list of people gunning for Ken Lewis and Bank of America is growing in leaps and bounds. Merrill causality McCann wants back on Wall St.The former head of Merrill Lynch's brokerage, Robert McCann is eager to get back into the mix on Wall Street, but he still finds himself on the sidelines thanks to Bank of America. Ex-Merrill wealth chief sues BofARobert McCann, former vice chairman and president of the global wealth management division at Merrill Lynch, is suing Bank of America for not allowing him to join a rival company. McCann last man standing for UBS job?UBS reportedly is close to hiring former Merrill Lynch executive Robert McCann to head wealth management in the Americas, but the executive has his reservations. Finra replaces Merrill, Lehman vetsSeth Waugh, CEO of Deutsche Bank Americas and chairman of Deutsche Bank Securities, and James Weddle, managing partner of Edward Jones, are headed to Finra. Woody Young latest BofA-Merrill departureThe reported departure of telecom banker George H. 'Woody' Young III from BofA-Merrill over culture clash claims is just the latest high-profile defector since BofA closed the Merrill deal. Merrill Lynch's mini-exodus of bankersThe bankers are especially hard to hold on to as government bailout money has brought scrutiny to their now-shrinking bonuses. Thain leaves BofA as Merrill digestion soursJohn Thain is leaving Bank of America Corp. and is being replaced by Brian Moynihan. The departure comes three weeks after BofA completed a hasty acquisition of Merrill Lynch & Co. and days after it got another bailout from the government, this one worth $138 billion.... From Corporate Dealmaker: Is McCann's BofA departure a case of culture clash or turf battle?Probably the most closely watched post-merger integration going on right now (especially on Wall Street) is the absorption of Merrill Lynch & Co. -- and especially its crown jewel wealth management division -- by Bank of America Corp. So it was naturally big news Tuesday when Merrill said Robert McCann, leader of Merrill's nearly 17,000 brokers, would be leaving. Is his departure a case of culture clash or simply a turf battle issue? Dealscape's affiliate Corporate Dealmaker attempts to answer the pressing question.See Corporate Dealmaker: Broker boss bails at BofA: Culture clash or turf battle? ... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Robert McCann." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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