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UBS Appoints Major US Branch Manager

Stephen Harris

9 June 2006

UBS Wealth Management has appointed Robert Clark as the new branch manager for the 60-person Washington, D.C. office. He replaces Coe Magruder, who left UBS in April to pursue other interests. Mr Clark formerly oversaw the Swiss bank’s Mitchell Field branch in Garden City, New York, although he did run the Washington office in the early 1990s. Mr Clark will report to Benedict Tarantino, UBS' newly appointed regional director for the mid-Atlantic, who was recently recruited from Morgan Stanley.