As UBS AG continues to grapple with the fallout of its rogue trading scandal, UBS Wealth Management Americas Chief Executive Robert McCann has moved to reassure the firm’s U.S.-based financial advisers that its wealth business is “stronger than ever.”

“We've come too far -- with even more potential -- to let this setback distract us from our goals and objectives,” McCann said in a memo sent Monday to UBS Wealth Management Americas employees and obtained by On Wall Street.

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