UBS

The firm currently provides benefits to 10,000 employers and their 2 million employees.

Meanwhile, the wirheouse’s advisor headcount ticks down and recruitment loans drop, again.

Innovation is key in today's dynamic market. Suni Harford, president, asset management at UBS walks us through two significant innovations she drove in the asset management industry this year — including a ground-breaking approach to climate change and sustainable investing.

The wirehouse plucked the trio from Wells Fargo

Fortunes in the tech and health care sectors jumped by 43% and 50%, respectively.

The switch comes as the wirehouse revamps its technology platform with help from Broadridge Financial.

While some big Wall Street firms are seeking to get staff back to the office, there are already signs of how challenging that could be.

Talk about European banking consolidation has been heating up as the coronavirus pandemic adds to challenges such as negative interest rates that have weighed on profitability for years.

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.

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.