{
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ubs plans to acquire us wealth manager after credit suisse integration

UBS Group AG Chairman Colm Kelleher announced plans to acquire a US wealth management firm to enhance its market presence after completing the integration of Credit Suisse. He emphasized the need to improve the performance of Paine Webber, acquired in 2000, and aims to replicate Morgan Stanley's success with Smith Barney to double profitability.
bloomberg.com
United States Dollar Paine Webber Leasing Corporation Smith Barney Inc. Credit Suisse Anlagestiftung Morgan Stanley UBS Group AG USA Colm Kelleher Morgan Stanley Smith Barney Show more
Finance & Economy, Transcript
19:28 29.10.2024

ubs plans to acquire us wealth manager after credit suisse integration

UBS Group AG Chairman Colm Kelleher announced plans to acquire a US wealth management firm to enhance its market presence after completing the integration of Credit Suisse. He emphasized the need to improve the performance of Paine Webber, acquired in 2000, and aims to replicate Morgan Stanley's success in boosting profitability through strategic acquisitions.
Bloomberg.com
United States Dollar UBS Group AG Credit Suisse Anlagestiftung Morgan Stanley USA Smith Barney Colm Kelleher Morgan Stanley Show more
TradFi, Market Report
19:28 29.10.2024
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