logo
Share SHARE
FONT-SIZE Plus   Neg

UBS Investment Bank Chairman Wilmot-Sitwell Said To Join BofA: Reports

UBS AG's (UBS) Investment Bank Chairman Alex Wilmot-Sitwell would join Bank of America Corp. (BAC), according to reports.

Reports said BofA hired Wilmot-Sitwell as president of Europe and Emerging markets, excluding Asia. Wilmot-Sitwell is expected to join in the coming months and will be based in London.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Computer and printer maker Hewlett-Packard Co. said Thursday after the markets closed that its second quarter profit fell 21% from last year, hurt by lower revenue and costs related to the planned separation of the company. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Accounting software maker Intuit reported a plunge in third-quarter profit, hurt by impairment charges, even as results topped Wall Street estimates, driven by growth in small business segment amid a strong tax season. Struggling teen-apparel retailer Aeropostale Inc. (ARO), Thursday said its first-quarter loss narrowed from a year ago, driven largely by stronger margins even as revenues continued to plunge dropped. Nevertheless, the company lost almost one-fifth of its market value in after-hours trade, with the...
comments powered by Disqus
RELATED NEWS
Trade UBS now with 
Follow RTT