Does anyone know whatever happened to Michael Weisberg at UBS?
I am an old personal friend who has lost touch with him over the years. I have been reconnecting with old friends via the net and saw the post here about how Michael took an LOA back in 2009. I was just wondering if anyone had an update on his health situation.
Thanks in advance.
August 5, 2009 3:10 pm ET
Michael Weisberg, the head of products and services for UBS AG's U.S. and Canadian wealth management businesses, has taken an indefinite leave of absence, a UBS spokeswoman confirmed.
Related to this story Topics wealth management Companies UBS AG
His departure was announced internally this week, as the Zurich, Switzerland-based bank announced a second-quarter net loss of 1.4 billion Swiss francs ($1.3 billion) and as rumors swirled that the firm's U.S. brokerage business was likely to be reorganized.
Mr. Weisberg's leave is due to personal, not performance-related, issues, the spokeswoman said.
Mr. Weisberg, who is in his late 30s, has been on the managing board of UBS's global wealth management and business banking group since 2005.
His responsibilities have been assumed by James Hausmann, a fixed-income specialist who has run transaction products at the New York-based U.S. wealth management group since 2005.
Thanks for the responses but I all ready knew that. I was hoping to get an update on his health status.