In the Margins

Is UBS gearing up to sell Americas unit?

June 23, 2016

By New York Post

UBS’s New York-based Americas unit could go on the block, according to Alois Pirker, an analyst at Aite Group. Pirker, a former UBS employee in London and Switzerland, says the Swiss bank has “no interest in brokerage.” UBS Wealth Management Americas is a “marketing outlet” beset with moneymaking and profitability challenges, he said. Read the original story from New York Post.

 

 

Most Read

10 Things
10 Things...Boards will face in 2023

As mutual fund board members look forward to 2023, which is just around the corner, they are faced with a number of challenges and tasks unique ...