Inside UBS’s Quiet Battle With the DOL to Manage Retirement Money
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Trillions were at stake as the Department of Labor, which plays a role in protecting U.S. private pension assets, sifted through the bank’s checkered history before giving UBS the green light.
By
Leah McGrath Goodman
February 27, 2025
James Henry
Sergio Ermotti
Credit Suisse
BlackRock
McKinsey
