financetom
Business
financetom
/
Business
/
MOVES-UBS hires Morgan Stanley veteran Ben Firestein, memo says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
MOVES-UBS hires Morgan Stanley veteran Ben Firestein, memo says
Nov 14, 2025 11:24 AM

Nov 14 (Reuters) - Swiss lender UBS has hired

longtime Morgan Stanley ( MS ) executive Ben Firestein to

oversee field leader development and national recruiting &

retention for its U.S. wealth management business, according to

an internal memo seen by Reuters on Friday.

"Attracting and retaining top financial advisers remain

among our highest priorities," Mike Camacho, head of global

wealth management U.S., said in the memo.

Firestein joins UBS from Morgan Stanley ( MS ), where he spent more

than three decades, including in leadership roles, most recently

as head of national recruiting for the wealth management and

private wealth management unit.

He brings experience in adviser development, recruiting and

field leadership and will start in February in New York,

reporting directly to Camacho.

In his new role, Firestein will design and lead a manager

leadership program, oversee business transition and succession

planning for advisers and drive the firm's national recruiting

strategy, the memo said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Microsoft, NetEase to re-launch Warcraft and other games in China
Microsoft, NetEase to re-launch Warcraft and other games in China
Apr 9, 2024
HONG KONG, April 10 (Reuters) - China's NetEase ( NTES ) and U.S. games peer Microsoft ( MSFT ) said on Wednesday they will bring popular titles including World of Warcraft back to China after a fallout involving the developer that ended an almost 15-year partnership. The pair said they are working to bring online games from Blizzard Entertainment, a...
Exclusive-EU's new tech laws are working - small browsers gain market share
Exclusive-EU's new tech laws are working - small browsers gain market share
Apr 9, 2024
By Supantha Mukherjee and Foo Yun Chee STOCKHOLM/BRUSSELS (Reuters) - Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation forced Alphabet's Google, Microsoft and Apple to make it easier for users to switch to rivals, according to data provided to Reuters by six companies. The early results come after...
Barry Callebaut operating profit falls due to transformation plan
Barry Callebaut operating profit falls due to transformation plan
Apr 9, 2024
(Reuters) - Barry Callebaut, the world's biggest chocolate maker, reported lower than expected half-year operating profit on Wednesday, hit by one-off expenses caused by its transformation plan. The Swiss-based company said its earnings before interest and tax fell 40% in local currencies to 178 million Swiss francs ($197 million) on a reported basis in the six months to the end...
Analysis-Funds selling options help temper US stock swings
Analysis-Funds selling options help temper US stock swings
Apr 9, 2024
NEW YORK (Reuters) - Popular funds that sell options for income may be moderating the recent bout of volatility in U.S. stocks, extending the calming effect they have had on the market for the last several months. Assets under derivative income ETFs, funds that use a mix of stock and stock derivatives to generate income, have grown to about $71...
Copyright 2023-2026 - www.financetom.com All Rights Reserved