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Exclusive: UBS brokerage unit shakes up management: memo
NEW YORK The U.S. brokerage arm of UBS AG UBSN.VX (UBS.N) shook up its leadership ranks on Friday, removing a layer of management under Chief Executive Officer Robert McCann and giving private wealth management head Jason Chandler a ...
The Era of Big Box Retail Dominance Is Coming to an End
“We see those stores as an important part of a network in conjunction with our small-box stores, our online capabilities and our on-phone capabilities that allow customers to reach us anytime, anywhere, anyhow they choose,” he said in a telephone ...
Analysis: UBS winning US race for top brokers - at what cost?
NEW YORK UBS AG's American wealth management arm has pulled firmly ahead in the race to attract top brokers, using aggressive recruiting tactics and rich signing bonuses to edge out competitors.
Moody's Publishes Expected Timetable for Conclusion of Bank Rating Reviews
Today's publication follows the announcement on 15 February 2012 of reviews that incorporate 114 European banking groups and an additional eight non-European firms with large capital markets franchises (see press releases "Rating Action: Moody's ...
Jefferson's Hildene Says S&P Ratings for Bank CDOs Are Too Low
In 2007, UBS Group AG banker Bradley Birkenfeld blew the whistle on his firm helping U.S. clients evade taxes with undeclared accounts offshore.
Nazi-Looted Posters Must Return to Sachs Heir, Court Rules
His wife's efforts got him freed, and together with Peter, then 14 months old, they fled to the U.S.. He had smuggled out some Toulouse-Lautrec posters, which he sold to feed his family as they began a new life.
BancorpSouth Settles Overdraft Fees Complaint for $1.75 Million
Landy and Kagan both have credit lines with JPMorgan, while Krieger arranged the financing agreements with UBS Bank USA, a U.S. unit of Zurich-based UBS Group AG, according to separate filings made by the lenders with the state of New York.
Lin Leads Coke to Run Ads in Chinese at Madison Square Garden
While winning is important, O'Neil and John Brody of Wasserman Media Group said it isn't the sole consideration to those who consider themselves fans of Lin, whose Asian heritage, Harvard pedigree and underdog storyline have widespread and ... to the ...
Michael Kors Brand Takes on Coach in U.S. Luxury Market
“It is a category that has been on fire and it has caught people's eye,” Michael Binetti, an analyst with UBS AG in New York, said in an interview.
Goldman No.1 in Investment Bank Fees Driven by Rising M&A Share
“Our clients feel better about 2012, but they're still concerned about the macro risks,” says David Solomon, co-head of investment banking at Goldman Sachs Group Inc. Goldman is No. 1 in the ... by Bloomberg. In the cases of New York-based JPMorgan ...