US in the news: Wilmington Trust makes 12 wealth hires
A round-up of the latest people moves and M&A deals in North America
UBS
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PEOPLE MOVES: UBS, Seven Investment Management, Natixis IM
Swiss bank names successor to co-president of global WM, as UK investment manager makes c-suite hire
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PEOPLE MOVES: UBS, Morningstar IM, Lowes Group
Wealth giant appoints CEO of Europe SE, while investment manager hires UK head of business development
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Hong Kong regulator bans former UBS director for life
He was previously convicted of accepting illegal commission payments
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UBS loses Swiss court battle
Bank forced to hand over information to French tax authorities
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Rich Americans more willing to invest
Market performance keeps them positive but politics and national debt cast shadows
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Ex-UBS employee banned by Singapore regulator
He forged documents and falsified emails on background checks to make clients look tax compliant
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UBS agrees Japanese joint venture wealth deal
It will offer products, investment advice and services beyond what both firms alone can provide
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UBS shareholders slap down execs over record fine
Swiss bank was found guilty of money laundering and helping rich French clients avoid paying tax
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UK divorcees regret break-up amid financial strain
Nearly half had to increase working hours to earn more
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PEOPLE MOVES: Just Group, UBS, Hargreaves Lansdown
Resignations at the top for the UK retirement income business and the Swiss firm
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Jane vs Joe: mapping out the gender pay gap
It is well-known that women tend to earn less than men – but what are the true consequences of that?