say maverick fx trader salary that no firm did a better job than UBS to keep them informed about which European sectors, countries, and industries offered the greatest potential. 25 UBS offers brokerage services and products as well as asset management and other investment advisory and portfolio management products and services. 83 The rapid growth was punctuated by the 1967 acquisition of Interhandel, which made UBS one of the strongest banks in Europe. 131 132 By the spring of 2009, UBS announced another management restructuring and initiated a plan to return to profitability. "How Swiss Bank Accounts Work". Retrieved b c d e f g h i j k l m n o p "History of UBS". 69 After its acquisition by SBC, Dillon Read was merged with SBC-Warburg to create SBC-Warburg Dillon Read. The New York Times, b c "Costas Sees UBS Eclipsing Goldman, Citigroup as Top Fee Earner".
"Welcome to the new era of bank downsizing". "Is Sergio Ermotti's Greatest Wish Coming True?". Proprietary Trading desk that conducts trading activities for the bank's own account and capital,. Bulge bracket investment bank. 129 UBS announced in February 2009 that it had lost nearly CHF 20 billion (US17.2 billion) in 2008, the biggest single-year loss of any company in Swiss history. The New York Times, UBS Records a Big Write-Down and Sells a Stake. 32 UBS Investment Bank was formerly known as UBS Warburg and as Warburg Dillon Read, before the merger of the Union Bank of Switzerland and the Swiss Bank Corporation (SBC). Upon application and with the effect as of, the shares of the USB AG, the subsidiary of the UBS Group AG, were delisted from the nyse. 116 As he had when joining UBS, Moelis took a large team of senior UBS investment bankers. Retrieved b Truell, Peter.