UBS Wealth boss McCann sticks to his profits target

September 4, 2021 by admin

first_img whatsapp UBS Wealth boss McCann sticks to his profits target KCS-content whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Show Comments ▼center_img Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDirect HealthyKate Silverton’s PartnerDirect Healthythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com The chief executive of UBS Wealth Management Americas unit is sticking to his target of reaching Sfr1bn (£629m) in profit within the next five years, in spite of depressed markets and a tough recruiting environment.Robert McCann, who set the ambitious target just a few weeks after he arrived at UBS in October last year, yesterday said that the Sfr1bn target is still achievable, even though the unit last week recorded its sixth straight quarterly loss. He noted the unit has never made more than Sfr600m in yearly profit in its history.“I didn’t say anything last year that I will not say again this year,” said McCann. The other big goal McCann set last year was to reign in spending at the unit. He said he wanted to cut spending to 80 to 85 cents for every dollar the unit brought in within five years. In the third quarter of 2010, the unit spent $1.01 for every dollar it brought in. Monday 1 November 2010 8:34 pm Tags: NULLlast_img

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