COMPANIES UBS on Tuesday named Robert “Bob” McCann, the former head of Merrill Lynch’s “thundering herd” of financial advisers, as the new chief executive of its wealth management operations in the Americas.
Mr McCann’s arrival followed several months’ courtship between him and Oswald Grübel, the Swiss bank’s boss, and immediately triggered speculation the veteran US manager could eventually succeed Mr Grübel as the group’s chief executive.
