Wealth and Asset Management
UBS exits recruiting pact, following Morgan Stanley
UBS Group AG’s Wealth Management Americas said on Monday it was quitting a 13-year-old recruiting agreement that ended the practice of suing brokers who quit for jobs at competing firms, following a similar move by rival Morgan Stanley last month. In an email to the firm’s nearly 10,000 brokers, UBS…
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Click here to read the full story: Reuters