UBS

The pandemic has underscored the need for more socially and environmentally responsible financing.

The move is one of the largest of the year.

The project includes moving large customer deposits out of its Swiss entity into the bank’s main UBS legal unit, people familiar with the matter say.

The new additions oversaw more than $275 million at their former employers.

There are currently no plans to replace the longtime wirehouse leader, whose responsibilities will be divided among other executives.

They all spent over a decade at their former firm.

The new additions help offset some recent departures at the wirehouse.

Any tax increases on high-income individuals and corporations would be offset by massive spending packages targeted at accelerating the country’s recovery from the coronavirus, according to the firm.

An all-woman team joined the firm in Miami while a branch manager is installed in a new Northern California office.

Procyon Partners, which caters to UHNW clients and retirement plans, had a rocky separation from the same former firm.