“Deckchairs. Titanic”
UBS is reorganizing its troubled US wealth management operations—turning three division into two. Zzzzzzz. I know this story packs enough punch to put Sominex out of business. But stay with me, because the UBS problems extend to the core of global financial reform.
An unnamed research analyst described the reorganization as follows: “Deckchairs. Titanic.” And [...]
