London, Stamford SBC Trading Rooms Said To Survive SBC/UBS Merger
SPECIAL REPORT
LONDON--The newly built London and Stamford, Connecticut-based trading floors of SBC Warburg Dillon Read will survive SBC's recent merger with Union Bank of Switzerland (UBS), say sources at the bank. Each floor has a 600-position capacity.
A Basle-based SBC spokesperson confirms that UBS' New York traders will be moving to the SBC Stamford trading centre. However, the bank will not confirm the transport of UBS' London traders to SBC's new London trading room.
REMOVABLE WALL
An industry source
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