UBS

The firm had cut back on hiring efforts in 2016, citing exorbitant costs.

Bullion is “once again trying to reclaim its role as a safe haven” amid trade war concerns and the Fed’s halt on rates, a strategist said.

Swiss banks face pressure across Europe, with prosecutors in France, Germany and Italy accusing them of helping clients hide money from tax authorities.

BlackRock will appoint an “independent fiduciary to vote” on proxies, according to a spokesman.

CEO Sergio Ermotti has resisted pressure from some investors for large-scale layoffs, opting instead for smaller cuts with less impact on morale.

The RIA is the largest firm to depart the protocol in more than a year and a half.

“We see optimism, but a guarded optimism,” says Mike Ryan, Americas chief investment officer at UBS Global Wealth Management.

The bank allegedly helped French clients evade taxes.

The changes follow a challenging first quarter for the firm’s wealth management operations.

The firm said earlier this year that it would deepen cost cuts.

The move will merge capital-markets teams across wealth management and the investment bank in the U.S.

CEO Sergio Ermotti's base pay is 67% higher than the average at European banks.

The bank has considered buying DWS to combine it with its own unit and spin the two off as a separate entity, sources said.

It’s the biggest advisor move of the year.

The firm’s new recruits include a 31-year Merrill Lynch veteran.

The hit to wealth management from a difficult trading environment was already visible in the fourth quarter.

Cautious clients and muted markets are making CEO Sergio Ermotti’s job more difficult.

Fifty-nine percent of women age 20 to 34 defer investing and financial planning to spouses, according to a new survey.

The bank elevated 60 financial advisors and 36 Americas staff.

UBS advisor Michael Lorenzo is carefully eyeing “the impact that systematic strategies had on the markets, especially as 2018 is the new normal.”