Friday, November 12, 2004

Merrill vs. UBS - Broker Defections Rattle Firms

The New York Times > Business > Market Place: From Broker's Defection, Struggle of Loyalties

The NY Times has an interesting piece on the battle over a broker defection. It seems that the UBS and Merrill Lynch "protocol" which gave promise to the concept of allowing brokers to change firms without litigation may be short lived.