04/19/2012

Another Media Banker Departs UBS

The two bankers are likely to team up for their next venture, and are exploring multiple opportunities, including starting their own firm, the people said.

04/19/2012

Southeast Asia head departs Coutts

A spokesperson for Coutts in Singapore confirmed that the firm expects to announce a new head of products and services for the region in the next few weeks

04/18/2012

Asset Management ‘Skill’ Worth 5% a Year

Managers classed as ‘skilful’ are most likely to be strong in the second section, being able to hold on to a stock that has performed in the past and continues to do so when held in the portfolio, Inalytics said.

04/17/2012

Report: Credit Suisse May Cut 5,000 Jobs

According to Swiss paper Der Sonntag, the Zurich-based lender could disclose the cost-cutting moves in its upcoming first-quarter earnings report on April 25.

04/16/2012

Wells Fargo lands former UBS wealth adviser

Adviser David Halsch, a three-decade industry veteran, joined Wells' Denver office on Thursday from UBS AG's U.S. brokerage, a recruiter with knowledge of the move told Reuters.

04/13/2012

UBS adds advisers with $2 bln in client assets

UBS's Americas wealth management group is the fourth-largest U.S. brokerage by client assets with $754 billion in assets under management and just under 7,000 advisers as of the end of December.