Lake forest health and fitness: Two blue-chip companies drop UBS as their corporate broking adviser: FT

Sunday 11 January 2015

Two blue-chip companies drop UBS as their corporate broking adviser: FT

(Reuters) - UBS Group AG, Switzerland's biggest bank, has lost two more blue-chip corporate broking clients, the Financial Times reported, citing people familiar with the situation. British-based defense contractor BAE Systems Plc and Smith & Nephew Plc , Europe's largest maker of artificial joints, have both dropped UBS as their corporate broking adviser, the newspaper said. Smith & Nephew selected Bank of America Merrill Lynch as one of its corporate brokers along with JPMorgan Cazenove which will remain as the other broker, the report said. ...