Financial Times FT.com

UBS to shake up US brokerage

By Greg Farrell and Francesco Guerrera in New York and,Haig Simonian in Zurich

Published: July 6 2009 03:00 | Last updated: July 6 2009 03:00

Oswald Grübel, UBS's

chief executive, wants to shake up the top managerial ranks of the bank's brokerage business in the US after deciding against a sale, according to people familiar with the matter.

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