UBS

Regulators accused UBS of not doing enough to monitor 22 brokers who generated commissions and sales concessions of syndicate preferred stocks.

The wireshoue plans to have a s setting up an Ultra-High New Worth Plus unit for clients more than $50 million in assets.

UBS is reducing pay substantially for sub-$750K producers and making smaller reductions for advisors on the higher end of the scale.

Swiss bank UBS reported a jump in wealth management revenues in the third quarter as profits soared higher than analysts expected. Still, CEO Sergio Ermotti warned of an economic soft landing and uncertainties in the U.S. presidential election.

After its integration of Credit Suisse is complete, the bank eventually wants to buy another U.S. wealth management firm to expand its presence stateside.

The art market is nearing a critical inflection point, according to a new 2024 survey of global collecting from Art Basel and UBS.

An industry recruiter sees RBC Wealth Management's appeal as lying in its international presence and clean reputation.

UBS executives estimate their plan to raise rates on certain accounts will cost the firm $50 million. A new suit cites that as evidence that the firm "violated its obligations to its clients."

The Swiss banking giant said a planned change to its yields on clients' uninvested cash will take a $50 million bite out of its net profits.

FINMA, the Swiss Financial Market Supervisory Authority, is tightening its scrutiny following the collapse of Credit Suisse last year.

Firms that haven't been afraid of generous recruiting offers have shown the greatest growth in recent years.

UBS is reorganizing its global wealth management arm, pursuing aiming to bring more investment services to ultrarich clients.

UBS Group seeks to cement its position as top-five player among global limited partners by pooling private-markets offerings into one unit.

Management changes expected to help in CEO Ermotti's wealth management ambitions in the U.S.

UBS reportedly planning to appoint investment bank chief Rob Karofsky to lead its U.S. business, where he'd focus on expanding into the U.S. wealth market.

The plan comes as part of CEO Ermotti's goal of narrowing the distance between his firm and its U.S. wealth management rivals.

Executives at the Zurich-based bank say $27B in net new assets for the first quarter put the firm well on its way to its wealth management goals.

Industry experts who track comings and goings at large firms say the advisor staff figures often obscure more than they reveal.

The top European regulator worries that big executive pay checks are leading to 'alienation between companies and the people.'

FP's annual ranking displays the impact of big one-time awards for four executives and a look at which chiefs netted the biggest increases and decreases in 2023.