A management shakeup by CEO Bob McCann at the Americas brokerage unit of Swiss bank UBS AG will see two of his top executives assume more direct responsibility over its financial advisors, according to people familiar...
The head of the U.S. wealth management division was its highest paid executive this year, but the Swiss bank is placing its future bets on emerging markets.
Despite global market conditions that lowered asset-based fees and transaction-based income, UBS Wealth Management Americas ended 2011 on firmer footing, earning $573 million for the year on revenues of $5.96 billion...
Margin pressure, upheaval in advisory business models, lack of certainty in the market – most of the current trends in the wealth management industry can be traced back to the global financial crisis in 2008. Three...
Robert J. McCann’s responsibilities at Swiss bank giant UBS dramatically expanded with a new appointment Thursday. CEO since October 2009 of UBS Wealth Management Americas (WMA), McCann was appointed to the...