Credit Suisse brokers pass on Wells Fargo, join UBS

A group of Credit Suisse brokers who manage more than $5 billion in total client assets have opted to join UBS Group instead of taking advantage of an exclusive recruiting agreement with Wells Fargo. Wells Fargo and Credit Suisse announced last month that they struck a deal allowing Credit Suisse’s U.S. brokers to transition to Wells by early 2016. Credit Suisse is winding down its U.S. private banking operation. However, in recent weeks 16 Credit Suisse brokers managing a total of $5.76 billion… ......