UBS

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.”

Investors with this trait are a lot easier to work with, says UBS advisor William Wilson.

The bank was ordered to pay more than $5 billion over a tax-evasion case in France.

The megabank was ordered to pay billions over a tax-evasion case.

Though the firm reduced recruiting efforts in 2016, it continues to selectively hire talent from rivals.

In the U.S., investors pulled $174 billion out of active equity funds last year as stock pickers struggled to outperform their benchmarks.

Increased volatility, rising protectionism and geopolitical tensions are still weighing on investors, the firm said.