Market corrections weighs on trading business
Cleveland-based firm has total client assets of US$30 billion
Investors greatly concerned about gas prices, unsettled geopolitical climate
Underwriting fees set record
90 officers to be integrated into UBS Wealth Management US
Swiss company to pay US158 million for stake in DIMCO
US$386 million deal expected to close in Q3
Swiss firm enters Brazil’s fast-growing financial services market
Trading businesses benefited from robust financial markets
Declining economic growth and savings rates does not mean financial markets will weaken