Friday, June 22, 2012

Wall Street's 'Mean Girls' Are At UBS

 BusinessInsider writes that Robert Wolf, the chairman of UBS Americas, has a very public reputation for being friends with President Obama.   The banker, who vacations, golfs and shoots hoops with the President, is also a prominent fundraiser for Obama's re-election campaign, the New York Times' Susanne Craig reports.

Anyway, this close-knit relationship has made Wolf sort of a public face for UBS, and that's apparently causing some drama with another top banker who actually outranks him, according to the report. Robert McCann, the chief executive of UBS in the Americas, does not get along with Wolf, sources told the Times…..

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