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Registered Rep.
September 6, 2006
John Churchill
UBS Buys Another Brokerage With the ink still drying on its deal to purchase Piper Jaffray's brokerage arm, Swiss firm UBS announced today it will now buy Cleveland-based McDonald Investments, KeyCorp's brokerage unit. mark for My Articles similar articles
Registered Rep.
May 1, 2006
John Churchill
UBS Bellies Up to the Acquisition Table With the cost of recruiting and training soaring, firms continue to turn to acquisitions. The recent purchase by UBS of Piper Jaffray's brokerage unit won't be the last as competition for clients and their assets continues to intensify. mark for My Articles similar articles
Registered Rep.
April 11, 2006
John Churchill
UBS Snaps Up Piper Jaffray's Brokerage Unit The Swiss banking giant UBS added the retail unit of Midwestern gem Piper Jaffray today to its wirehouse brokerage division for $500 million in cash and other considerations. mark for My Articles similar articles
Registered Rep.
September 8, 2006
Halah Touryalai
An Offer They Can't Refuse UBS is doing all it can to hold onto as many of the advisors at newly acquired Cleveland-based McDonald Investments as possible -- beginning with a retention package that will be hard to refuse. mark for My Articles similar articles
BusinessWeek
July 25, 2005
Stanley Reed
The Master Of Zurich How Peter Wuffli turned around UBS- and brought the glory days back to Swiss banking. mark for My Articles similar articles
Registered Rep.
October 1, 2006
Halah Touryalai
UBS Offers Hot Retention Bonus UBS is doing all it can to hold onto as many of the newly acquired Cleveland-based McDonald Investments advisors as possible -- beginning with a retention package that will be hard to refuse. mark for My Articles similar articles
Registered Rep.
January 24, 2007
John Churchill
Another Good Year for the Brokerage Industry Fourth-quarter earnings reports are just now rolling in, and they're even better than expected. And it's not just Wall Street's investment-banking divisions that are reeling it in. mark for My Articles similar articles
Registered Rep.
February 7, 2012
John Aidan Byrne
UBS' U.S. Brokerage Boosts Profits, Boasts Most Productive Advisors Despite global market conditions that lowered asset-based fees and transaction-based income, UBS Wealth Management Americas ended 2011 on firmer footing, earning $573 million for the year on revenues of $5.96 billion. mark for My Articles similar articles
On Wall Street
October 1, 2009
Helen Kearney
UBS Weighs Options as the Suddenly Smallest Wirehouse No one can deny it's been a tough year for UBS's wealth management business in the U.S. mark for My Articles similar articles
Registered Rep.
October 1, 2006
John Churchill
Mission USA UBS, with a strong brand name among the wealthy in Europe and Asia, continues to try to stoke some brand awareness among the wealthy here in the U.S. mark for My Articles similar articles
Registered Rep.
August 6, 2010
John Aidan Byrne
UBS Advisors Welcome Mortgage Rollout Financial advisors at UBS Wealth Management Americas closely watched this week as the U.S. brokerage rolled out plans to sell more of its own mortgage and lending products through its retail brokerage force. mark for My Articles similar articles
The Motley Fool
August 16, 2006
Alex Dumortier
No Swiss Miss at UBS The world's largest wealth manager, UBS AG, reported second-quarter earnings that pleased shareholders. Are there any clouds that threaten this Swiss banker's sunny day? mark for My Articles similar articles
Registered Rep.
December 7, 2004
John Churchill
Buying Up the Rich---and Their Advisors It takes years of hard work to grow an organization of qualified wealth managers. So firms are buying them instead. The latest of several major firms to do so is Swiss giant UBS. mark for My Articles similar articles
Registered Rep.
October 17, 2006
Kristen French
Retail Brokerage Has Strong Third Quarter The third quarter shaped up pretty well for the retail brokerage divisions of the big Wall Street firms. Market technicians say we're in the midst of a bull market, and that means things are looking even better for the rest of the year. mark for My Articles similar articles
Registered Rep.
February 1, 2006
Kevin Burke
Hired and Fired Up The biggest brokerage businesses are showing that even in a modest market upswing they now have in place a strategy for delivering stronger and steadier sales and earnings growth. mark for My Articles similar articles
Registered Rep.
July 26, 2011
John Aidan Byrne
UBS Wealth Management on the Turnaround UBS Wealth Management Americas continues to improve, reporting pretax profit of $165 million for the second quarter. mark for My Articles similar articles
Registered Rep.
June 21, 2006
Kristen French
Morgan Stanley Retail Reports Second-Quarter Gains Finally, some good news for Morgan Stanley's retail brokerage. The unit reported strong second-quarter gains Wednesday, including an impressive surge in advisor productivity, which hit an all-time record for the firm. mark for My Articles similar articles
Registered Rep.
October 27, 2009
John Aidan Byrne
McCann Vows to Return UBS Wealth Management To Profitability New CEO Robert J. McCann says the wealth management division of UBS will not be put on the block. mark for My Articles similar articles
Registered Rep.
April 19, 2010
John Aidan Byrne
EXCLUSIVE: Is UBS Turning Around? Brokerage CEO Says Yes. UBS Wealth Management Americas, scrambling to stem the outflow of client assets, is seeing signs of hope. mark for My Articles similar articles
Registered Rep.
July 18, 2006
Kevin Burke
Merrill's Brokerage Unit Records Huge Second-Quarter Gains Merrill's global private client group (GPC) registered a pretax earnings increase of 53%, to $701 million, in the second quarter ending June 30, up from $457 million in the same period in 2005. mark for My Articles similar articles
On Wall Street
July 1, 2009
Helen Kearney
RBC Swooping in on UBS Advisors A string of veteran UBS advisors have made the jump to RBC Wealth Management over the past eight months. mark for My Articles similar articles
Registered Rep.
October 31, 2007
John Churchill
UBS Earnings Bomb Swiss banking giant UBS joined Merrill Lynch at the bottom of the credit related write-down pile with the release of its earnings. mark for My Articles similar articles
Registered Rep.
April 19, 2006
Kevin Burke
Merrill's Brokerage Earnings Up Pretax earnings at Merrill Lynch's global private client group rose 27% in the first quarter ending March 31 to $646 million, up from $510 million in the same period a year ago. As might be expected, the division's headcount increased along with profits. mark for My Articles similar articles
Registered Rep.
May 27, 2004
David A. Gaffen
High-End Investment Advice Grows Globally The private banking industry is growing at a level not seen since the late 1990s, reflecting not only an increase in the market but also an influx of new money into these firms. mark for My Articles similar articles
Registered Rep.
April 14, 2010
John Aidan Byrne
UBS Retail Brokerage Nearing a Turnaround? Client asset withdrawals have slowed at the embattled U.S. wealth management business of UBS where, in a positive sign to investors, it reported much stronger first quarter pre-tax profit than previously expected. mark for My Articles similar articles
Registered Rep.
March 1, 2005
John Churchill
Earnings Forecast: Clouds Give Way to Sun The past year's earnings troubles belie the brokerage industry's sunny prospects for 2005. For advisors, the industry's recent troubles have translated into fewer jobs, but many firms are recruiting aggressively again. mark for My Articles similar articles
Registered Rep.
March 27, 2012
John Aidan Byrne
Management Shakeup at UBS Wealth-Management Americas A management shakeup by CEO Bob McCann at the Americas brokerage unit of Swiss bank UBS AG will see two of his top executives assume more direct responsibility over its financial advisors, according to people familiar with the changes. mark for My Articles similar articles
Registered Rep.
July 28, 2010
John Aidan Byrne
UBS Brokerage Unit Turning the Corner? The "turning point" in client fund outflows is about to appear for UBS Wealth Management Americas. mark for My Articles similar articles
Registered Rep.
November 12, 2002
Rick Weinberg
Wealth Management R Us! The Gnomes of Zurich to Drop Kick the PaineWebber Name The century-old PaineWebber name is going to be dropped from UBS AG's brokerage and investment-banking businesses in 2003, the company says. The new name is to be, UBS Wealth Management USA. mark for My Articles similar articles
Registered Rep.
May 5, 2009
John Churchill
UBS Posts Loss But Gains Retail Client Assets UBS posts its first-quarter earnings and blames bad loans on its books for the poor result. mark for My Articles similar articles
Registered Rep.
April 26, 2011
John Aidan Byrne
UBS Wealth Management Unit Improves Performance UBS Wealth Management Americas, rising from the ashes of its well-publicized disasters, had something to crow about this latest quarter (Q1 2011) mark for My Articles similar articles
Registered Rep.
August 26, 2009
David A. Geracioti
Is McCann Close to a Deal with UBS? Bloomberg is reporting that Bob McCann, the former head of Merrill Lynch's brokerage unit, is nearing a deal with his old employer that will allow him to take a job running UBS's wealth management unit. mark for My Articles similar articles
Registered Rep.
March 15, 2010
John Aidan Byrne
McCann Is the Man at UBS; Name Change to PaineWebber? The much-anticipated revival plan for UBS Wealth Management Americas will cap off a series of recent organizational changes garnering support from an important constituency: advisors at the beleaguered brokerage. mark for My Articles similar articles
Registered Rep.
May 31, 2013
Megan Leonhardt
Sizing Up the Street In the latest earnings cycle, here's how the wirehouses stacked up. mark for My Articles similar articles
Registered Rep.
July 10, 2007
John Churchill
With Wuffli Out, What Next for UBS? A Wealth Management Surge in the USA Peter Wuffli was replaced as CEO of UBS last week after the firm realized millions of dollars in losses in an internal hedge fund. mark for My Articles similar articles
The Motley Fool
November 1, 2007
Matt Koppenheffer
UBS Strikes Up a Familiar Band Overall, UBS finished the quarter with a loss of $624 million, due in great part to the $3.6 billion in losses it reported in its fixed income currencies and commodities trading business. mark for My Articles similar articles
Registered Rep.
April 13, 2004
David A. Gaffen
Merrill Reports Record Quarter Merrill Lynch reported earnings of $1.3 billion for the first quarter of 2004, a 95 percent increase from the same period a year ago. mark for My Articles similar articles
Registered Rep.
February 6, 2010
John Aidan Byrne
UBS Reorganizes Wealth Management Division (update) The Wealth Management Americas division is aiming to bolster the Swiss bank's brokerage. mark for My Articles similar articles
Registered Rep.
October 26, 2010
John Aidan Byrne
UBS Stops the Bleeding, Adds Retail Client Assets Clients assets at UBS Wealth Management Americas outpaced withdrawals in its latest third-quarter results, a singular achievement last reported by the brokerage unit in the first quarter of 2009. mark for My Articles similar articles
U.S. Banker
September 2001
Mark Bruno
E*Trade Bank Going Strong E*Trade Group seems to be making it, though not on its brokerage business, which like most others has been languishing, but on its stand-alone Internet banking unit... mark for My Articles similar articles
Registered Rep.
May 4, 2010
John Aidan Byrne
UBS Client Asset Outflows Slow in Q1 Improving market conditions softened the blow as total client assets hit $721.6 billion in the brokerage unit of the Swiss banking giant. mark for My Articles similar articles
Registered Rep.
November 1, 2005
John Churchill
The Money Squeeze There's one thing that stands between the big retail brokerage firms and the high profit margins that the executives of these firms and their investors seek: the financial advisor. mark for My Articles similar articles
The Motley Fool
July 15, 2011
Piper Jaffray Earnings Preview Piper Jaffray will unveil its latest earnings on Wednesday, July 20. mark for My Articles similar articles
Registered Rep.
March 16, 2012
John Aidan Byrne
UBS Betting Big On Asia UBS Wealth Management will embark on a global expansion outside the U.S., announcing yesterday it will hire another 500 advisers in the fast-growing emerging markets and Asia Pacific regions. mark for My Articles similar articles
Registered Rep.
November 17, 2009
John Aidan Byrne
McCann Sets Ambitious Targets for UBS The chief executive of UBS' Wealth Management Americas also reiterated his profitability target of 15 to 20 percent for the division, and set a goal of CHF1 billion for annualized pre-tax profit. mark for My Articles similar articles
Registered Rep.
August 1, 2005
Kristen French
Next Year's Model If the one-stop shop is out, what new formula will take its place? In many ways, the Citi/Legg Mason swap looks like an ideal prototype. The thing is, a swap like that is not likely to be repeated. mark for My Articles similar articles
Registered Rep.
October 8, 2009
UBS Hires Bob McCann UBS has hired former Merrill Lynch executive Bob McCann to run its wealth management division in the Americas. mark for My Articles similar articles
Registered Rep.
June 10, 2010
John Aidan Byrne
UBS Ran Gauntlet, Beats Merrill, Says Bob Mulholland "We are really the only major relevant firm that actually went into the 2008 and 2009 abyss and came out the same firm," Mulholland told Registered Rep. mark for My Articles similar articles
Wall Street & Technology
November 30, 2006
Cory Levine
Saxo Tabs Straessle As New CIO Saxo Bank hired UBS veteran Tobias Straessle as its new CIO. mark for My Articles similar articles
The Motley Fool
August 13, 2008
Alex Dumortier
Is UBS Calling the End of Universal Banks? UBS is reversing its "one bank" strategy by giving increased autonomy to its three businesses: Investment Banking, Wealth Management, and Asset Management. mark for My Articles similar articles