UBS

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.

The move follows efforts to reduce expenses in the company’s global wealth management business.

This is the latest case to involve improperly allocating bonds meant for retail customers and instead selling them to other market participants.

CEO Sergio Ermitto said "buybacks have been demonized way too much."