Entries tagged "UBS AG"

A new day rising at UBS Americas

Robert McCann talks on Bloomberg TV about his new job of bringing UBS Wealth Management Americas back from the dead.

UBS says PaineWebber not for sale yet

If you were interested in buying a U.S. wealth management group, you could ask Switzerland's UBS about its PaineWebber unit, but it wouldn't sell it to you.

UBS duo to create new i-bank

John Costas and Mike Hutchins have started a New York-based broker dealer called PriceRidge Group.

Swiss banking secrecy lives on

UBS will be taking a relatively small hit in the ongoing tax evasion brouhaha between the bank and the U.S.

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.

Hiring: UBS seeks fixed-income staffers

UBS is hiring managers to help its battered fixed-income arm.

The Swiss and U.S. shake hands over UBS accounts?

The U.S. and Switzerland have apparently reached an agreement to settle a lawsuit against UBS AG that could reveal the names 52,000 overseas account holders.

Report: Another UBS divestment plan denied

Bloomberg reports that Joseph Grano, a former executive who ran UBS' U.S. wealth management business, says that the Swiss bank' top management ignored his letter that they spin off or sell the division.

Hiring: Barclays, Aladdin Capital and more

Looking for a job in finance? Here are the latest reports and rumors of where to look.

Report: UBS unit may get new head

UBS reportedly is looking for changes in the executive ranks of its wealth management unit in the U.S., possibly hiring a new head for the division.

Swiss central bank to sell debt in dollars

Switzerland's central bank plans to start issuing short-term debt certificates in U.S. dollars.

UBS plans more layoffs in fixed-income unit

Employees at UBS' securities division may soon have to weather a fourth round of layoffs as the Swiss bank plans to further shrink its fixed-income division as the bank deals with mounting losses. A memo obtained by Bloomberg said that the Zurich-based bank will be exiting the real estate, securitization, exotic structured products, municipal bonds, proprietary trading and commodities businesses, excluding precious metals. ...

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