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

Top of the Agenda - Industry Groups
MFDF's Susan Wyderko to retire in 2020

Susan Wyderko will retire from her position as president and CEO of Mutual Fund Directors Forum in the fall of 2020. When she steps down next ...