Ron Edde

• UBS Sees Leaders Exit, Expects Profit

  By Janet Levaux, AdvisorOne  |  October 26, 2011

  UBS said in early October that the co-heads of its global-equities unit resigned in response to the unauthorized trading that caused a $2.3 billion loss at the bank in mid-September. A former Bank of America-Merrill Lynch executive is now the sole leader of the unit. These shifts come on the...

• 

  Morgan Keegan Bleeds as Sale Drags On, Experts Say

  By Janet Levaux, AdvisorOne  |  September 30, 2011

  As the clock keeps ticking on a possible sale, advisors at Memphis, Tenn.-based Morgan Keegan are likely to continue to leave or at least consider it, recruiters tell AdvisorOne, which drains the value of the broker-dealer to potential acquirers.

• 

  Sale of UBS-Americas Would Be ‘Nuclear Option,’ Says Expert

  By Janet Levaux, AdvisorOne  |  September 29, 2011

  UBS may need to consider spinning off its U.S. operations as a worst-case scenario, according to recruiters and others.