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After deciding not to sell UBS' (NYSE:UBS) U.S. brokerage business, CEO Oswald Grubel is...

Jul. 06, 2009 8:03 AM ETUBS Group AG (UBS)BAC, UBSBy: Rachael Granby, SA News Editor
After deciding not to sell UBS' (NYSE:UBS) U.S. brokerage business, CEO Oswald Grubel is reportedly looking for a new leader to shake up the unit's top management. The reports come as BoA (NYSE:BAC) knocks UBS out of the top spot for world's largest private-banking group.

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