UBS Wealth Management Americas Introduces New Operating Model
UBS AG , Switzerland's biggest bank , said gains at its investment bank fueled an increase in second- quarter profit and announced plans to buy back the fund set up by the central bank in 2008 to help it shed toxic assets.
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UBS will cut recruitment of new U.S. brokers by 40%
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UBS AG should consider splitting its investment bank from the wealth management and Swiss banking businesses, shareholder Knight Vinke Asset Management LLC said.
UBS Will Cut Recruitment of New U.S. Brokers by 40%