UBS

The annual full-service investor rankings picked a new winner for 2021 while tracking major generational differences.

The largest brokerages typically make comp changes that are ‘evolutionary, rather than revolutionary.’

The recruit oversaw more than $650 million in client assets while at his former employer.

Employees indicated they want more personal time and women in particular have sought greater flexibility to work remotely, its co-head of wealth management says.

The bank is winding down the roughly $40 billion international segment of its wealth management business.

The team caters to wealthy clients and athletes, and specializes in private placement life insurance.

Strong 2020 returns have given a boost to the Swiss bank's new CEO, Ralph Hamers, whose start has been overshadowed by a Dutch probe into his role in a money laundering scandal at his former employer.

The firm pivoted away from an aggressive hiring strategy in 2016 and has seen a substantial drop in costs associated with picking up experienced talent.

Collectively, the brokers generated $167 million in annual production and oversaw $37 billion in combined client assets.

The results underscore the standout performance of the industry's largest firms in equities, a business where Europe’s banks have struggled to keep up in recent years.