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UBS Shifts Some Employees to New York

BRETT PHILBIN The Wall Street Journal 07/12/2011 19:56
UBS Shifts Some Employees to New York - USA - New York - NYC - Business - UBS - Human Resources


UBS AG moved 50 members of its equities team to one of its New York City offices from Stamford, Conn., as part of a broader plan to relocate a couple hundred employees from the unit to New York, according to a person familiar with the situation.



The 50 employees, whose "cash equities" group trades without the use of loans or margin, will join the rest of the Swiss bank's Americas equity-capital-markets business in its 1285 Avenue of the Americas office, this person said.


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