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UBS AG announced that Jakob Stott has been named its Head UBS Wealth Management Europe. Jakob Stott, 55, assumes overall responsibility for UBS's onshore wealth management business in Europe on October 1. He will have leadership authority over more than 45 branch offices in Germany, UK, France, Monaco, Italy, Spain, Austria, Luxembourg, Belgium and the Netherlands. CEO Wealth Management Jürg Zeltner said: "I want to welcome Jakob to UBS. He has an outstanding reputation as an inspiring and thoughtful leader. He will apply his long and wide-ranging client relationship and business experience to gaining market share and growing our European wealth management business. Under Jakob's leadership, I believe that the business will consolidate its position as the firm of choice for those clients...
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