News Source: Palm Beach Post
| 28 days ago
The hiring of McCann, 51, comes after UBS became the target of an Internal Revenue Service effort to get the names of thousands of Americans thought to be hiding assets in secret accounts. Ultimately, UBS paid a $780 million penalty and agreed to...
News Source: Androscoggin News
| 28 days ago
Reuters notes that the top retail brokerages are all undergoing fairly significant integrations at the moment. Bank of America ( BAC ) acquired Merrill Lynch's Thundering Herd--it has 14,800 brokers. Wells Fargo ( WFC ) acquired Wachovia, which...
News Source: International Business Times
| 28 days ago
Merrill Lynch veteran Robert McCann, the new head of UBS's loss-making U.S. wealth management unit, said he had no plans to sell the business that was battered by a high-profile tax row. McCann, who led the wealth management business at Merrill...
News Source: The New York Times
| 28 days ago
McCann, the former head of wealth management at Merrill Lynch who recently settled his lawsuit with Bank of America over the terms of his contract, was named Tuesday by UBS to head its North American wealth management business. Mr. McCann, who left...
News Source: Asian Wall Street Journal
| 28 days ago
McCann chief executive of its wealth-management units in the Americas, as the Swiss bank attempts to bolster its U.S. operations in the wake of a tax disagreement with authorities there. UBS said that Mr. McCann, 51 years old, will immediately assume...
News Source: Fox News
| 28 days ago
Swiss bank UBS said Tuesday that it's appointed Robert McCann as CEO of wealth management in the Americas and a member of its executive board. The bank said McCann will immediately assume responsibility for the firm's domestic wealth management...