Wednesday, August 5, 2020

UBS Wealth Management Is Not Selling Out to Wells Fargo

UBS Wealth Management Is Not Selling Out to Wells Fargo UBS Wealth Management Is Not Selling Out to Wells Fargo In the event that you were pondering (and additionally likewise heard the gossipy tidbits), Bob McCann, the head of UBS Wealth Management, said in a meeting that UBS won't sell its riches the executives arm to Wells Fargo at any point in the near future, nor will the battling Swiss monster sell said business to some other bank. All things considered, Wells Fargo Co. is without a doubt in the market for a major financier unit any semblance of UBS Wealth Management, thus on the off chance that you (or anybody you know) have a large number of rich customers who, all things considered, have a few billions of dollars in resources, if you don't mind give Wells Fargo CEO Johnny Stumpf a call.(Bloomberg: UBS's McCann Denies Speculation of Talks With Wells Fargo)(Related: Exodus at UBS)

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