Financial Times FT.com

UBS warns unit's 50 bankers to avoid US

By Haig Simonian in Zurich

Published: May 28 2008 03:00 | Last updated: May 28 2008 03:00

UBS has told members of its former private banking team responsible for rich US clients not to travel to the country.

The Swiss bank has also made lawyers available to the more than 50 bankers involved, many of whom have left UBS since it decided last November to wind down its cross-border private banking arm for US customers.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this