McCann Vows to Return UBS Wealth Management To Profitability

Robert J. McCann reported for work at UBS Tuesday in Weehawken, N.J. After weeks of rumors about his appointment, the firm announced it had hired him as CEO of its wealth management operations for the Americas early Tuesday morning. McCann was freed to go back to work several weeks ago, following a legal settlement with former employer Bank of America over a non-compete agreement. The announcement of McCann’s hire was delayed until today, however, because he was only approved by the firm’s board Monday night. In an interview with Registered Rep., McCann said the wealth ...

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