UBS Wealth Management

The funds have net assets of around $187 million.

Ocean Capital's next move is to attemot to have its elected directors seated on the funds' board of directors.

FINRA arbitrators ordered the wealth manager and closed-end funds manager to pay damages as it resolves outstanding claims stemming from the island’s fiscal crisis.

UBS Wealth Management Americas announced three new senior hires as it continues to expand its public finance roster as it approaches the New Year.

The staff additions include Bech Bruun, former chairman of the Texas Water Development Board.

Clients have filed hundreds of similar claims against UBS since 2013, with aggregate damages of $2.6 billion.

UBS Wealth Management Americas raised its firepower in areas that escaped the chopping block under the new tax law, hiring a trio of executives with experience in stadium and public power finance.

UBS has now brought in 37 municipal professionals since April, when it said it was re-entering the public finance business to tap increased demand amid rising interest rates.

UBS brings aboard two more muni pros in its quest to fill out its newly revamped public finance business.

UBS Wealth Management Americas continues to fill out its re-emerging public finance practice, adding three more new-hires in Dallas, Los Angeles and New York.

Just two weeks after announcing 19 hires to bolster its public finance roster, UBS Wealth Management Americas announced another new addition in Andrew Nakahata.

UBS Wealth Management Americas started to fill openings in its newly revived public finance business, with 19 employees joining the firm.

UBS Wealth Management announced its newest addition to its growing public finance business, as Angela Schmidt will come aboard after 19 years at JP Morgan.

UBS Wealth Management Americas is looking to revive its capital markets and public finance businesses, hiring Peter Hill from Wells Fargo and Steven Genyk from Janney, and reassigning Chief Risk Officer Mark Sanborn to head capital markets and sales.

The moves are intended to boost the firm's capital markets abilities in a changing interest rate environment.

Awards and settlements are piling up even as the U.S. wealth management unit reports record profits.