UBS Americas

• Wirehouses Boost Wealth Results

  By Janet Levaux, AdvisorOne  |  February 22, 2013

  Bank of America reported a 63% drop in net income for the fourth quarter of 2012.

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  UBS Reports Loss of $2.1B as Advisors Top $1M in Average Production

  By Janet Levaux, AdvisorOne  |  February 5, 2013

  Plus, the wealth management unit in the Americas added nearly 30 advisors in the fourth quarter.

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  Obama Says Cliff Deal ‘in Sight’

  By Melanie Waddell, AdvisorOne  |  December 31, 2012

  Speaking from the White House, President Obama said Monday afternoon that a deal to avert the fiscal cliff--at least making sure taxes don't go up on middle class Americans--is "in sight."

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  UBS Streamlines McCann’s Leadership Team

  By Janet Levaux, AdvisorOne  |  March 26, 2012

  UBS Americas trimmed a layer of management under CEO Robert McCann and increased the duties of some of wealth-management leaders, according to a memo released by McCann on Friday.

• UBS’ Santucci on Training, Recruiting

  February 1, 2012

  Paul Santucci is COO of the UBS Wealth Management Advisor Group for the Americas, which includes about 6,900 FAs.

• McCann Is Top UBS Americas Exec

  By Janet Levaux, AdvisorOne  |  December 26, 2011

  UBS recently made Bob McCann head of UBS’ operations in the Americas and reassigned Philip Lofts to the post of chief risk officer for the Swiss-based firm. Maureen Miskovic, who had been chief risk officer for UBS since early 2010, left the firm.

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  Wells Fargo Adds $3.5M Morgan Stanley Team

  By Janet Levaux, AdvisorOne  |  December 7, 2011

  The RDM/Dillon Group join Wells Fargo Advisors in Long Island, N.Y.

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  UBS Pushes Out Risk Chief; McCann to Head Americas Unit

  By Janet Levaux & Marlene Satter  |  December 1, 2011

  Bob McCann takes over as CEO for the Americas business from Lofts, who re-assumes his role as chief risk officer for the global bank

• Most Earnings Top Estimates on Mixed Advisor-Headcount News

  By Janet Levaux, AdvisorOne  |  November 23, 2011

  Bank of America reported net income of $6.2 billion, or $0.56 per share, for the third quarter vs. a net loss of $7.3 billion, or $0.77 per share, last year — topping analysts’ estimates by a wide margin. Revenue, net of interest expense (and calculated on a fully taxable-equivalent basis)...

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  UBS to Trim Investment Bank, Emphasize Wealth Management

  By Janet Levaux, AdvisorOne  |  November 17, 2011

  UBS revealed plans Thursday to strengthen its wealth-management units while scaling down its investment bank and introducing new performance targets companywide.