UBS aims to expand its market share of U.S. investors

09/9/2010 | InvestmentNews (free registration)

UBS, the largest Swiss bank, is opening a wealth-management office at 101 Park Ave. in Manhattan to tap into individual investors in the largest cities in the U.S., according to a company memo. UBS, which competes with Bank of America's Merrill Lynch and Morgan Stanley Smith Barney, also plans to bolster its staff.

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