Hoekstra out at UBS? McCann In?
Bloomberg says McCann is going to UBS as head of wealth management in the US...what will become of Hoekstra?
I hope jamie price goes too.
they can go to the same place as the people they fired because of their f^%$#@ stupidity
dont let GD door hit ur fat ass
they have been squirming lately, martens firm wide conf call this week sounded like a good bye call----
agree with you on jamie (he lost the field bom support over the last few months with some stupid comments)
I respect and like Marten but kind of like when you respect an old college football coach when you start losing games its time for change.
McCann made swiss promise to stay the F&^% out with their socialism bull.
he will be a hero and turn them around.
White knight coming in at the bottom.
They have bought a bunch of fee based big hitters.
swiss will sell in a few years
McCann will be a God.
Be easy for him .
Swiss idiots have FINALLY learned their way doesnt work in good old USA.
yeah i know the swiss way is client advisor -- on a team oversees a few billion of the richest people in the worlds money and makes about 180k us - while bank makes 85bps!!
its interesting the big push on migrating small accounts accounts to the ubs investment center which IS modeled after the swiss wealth management model (salary plus bonus based on net new money). they are hiring at the investment center and are going after bigger accounts using the salaried team approach.
not that i think thats a threat to our version of wealth management -- but it is interesting.
McCann...a God...hahahaha. Are you kidding me?!? On the other hand, it's not hard to look like a god in the sh*t show known as UBS.
Ozzie wants to break the band up.
He knows he has to get a real player (sallie, mccann, ludeman etc)and give them free rein to build US up enough to sell in a few years.
He is smart enough to know that their GD autocratic, bean counter/lawyer driven model might work at the Bavarian Motor Werks or Dachau but it doesnt work here.
UBS is gonna get a whole lot better
I don't think they have a "few years." Plus, with or without McCann, it's still a sh*t show.
Hey a_ _ hole, do you know McCann, a God is rediculous, however, he is a class act and when I was at Merrill the troops respected him. He has a kick A_ _ approach and is a winner!