UBS joins Morgan Stanley, Wells Fargo in raising sweeps rates

The Swiss banking giant said a planned change to its yields on clients' uninvested cash will take a $50 million bite out of its net profits. By Anand Gupta


https://www.financial-planning.com/news/ubs-expects-50-million-profit-hit-from-raising-sweeps-rates?utm_source=dlvr.it&utm_medium=blogger