In one of the largest combinations in Wall Street history, the Swiss investment bank UBS Warburg announced in July 2000 that it was acquiring PaineWebber, principally for its stable of 8,500 retail stockbrokers.[1]�
As part of the transaction, UBS Warburg paid retention bonuses equaling almost $875 million in order to safeguard the most valuable components of the transaction – the brokers and the client assets under their control.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
