UBS

The wirehouse, which has reduced recruiting efforts, enticed the team over from AllianceBernstein.

One defecting advisor says she was lured by better technology and because at her new employer, “It’s about the people and not just the numbers.”

Production companies claim fraudsters bilked them out of $3.5 million under the bank's watch.

The firm’s diminished ranks are a sign of huge changes in the wirehouse world since the financial crisis ended.

“We didn’t need to physically travel to see that RBC was the ideal place to move our practice,” ex-UBS advisor says.

New chief product officer Michael Korcuska’s resume includes Weight Watchers and LinkedIn instead of finance or technology.

“The world has become more digital, less global and more local,” says Amy Lo, co-head of the firm’s Asia Pacific wealth division.

Equities have rallied more than 20% from March lows, but remain well below 2020 highs.

The firm's wealth management unit saw new demand for credit, according to CEO Sergio Ermotti.

All travel requests need special approval and existing international travel plans would need re-approval, according to a company memo.