The UBS bank in Switzerland is continuing the tradition of the Credit Suisse by becoming the new main sponsor of the Swiss Football Association. This partnership follows a 30-year collaboration that began in 1993 with the Credit Suisse. In addition to Swiss football, the UBS is also venturing into American football.
The UBS has recently been appointed as the “Institutional Financial Advisor” by the National Football League Players Association (NFLPA) in the United States. This allows the Swiss bank to join the list of financial companies authorized by the official player union of the National Football League (NFL) to provide financial advice to athletes.
Alongside renowned Wall Street banks such as Goldman Sachs, Morgan Stanley, Alliance Bernstein, and Bessemer Trust, the UBS will now offer financial advice to active and former NFL players through its collaboration with the Athletes and Entertainment Group of UBS.
The UBS financial advisors will assist professional athletes and their families in various areas, including managing sudden wealth, complex contracts, financial dynamics within the family, and more. Adewale “Wale” Ogunleye, Executive Director and Head of Sports and Entertainment in UBS’s American Wealth Management, stated that the NFLPA is likely to be UBS’s largest client in this field.
With his extensive experience as a former NFL player, including being voted the Miami Dolphins’ Most Valuable Player in 2004 and leading the Chicago Bears to the 41st Super Bowl, Wale brings valuable leadership skills to UBS. He now collaborates with financial advisors to leverage the company’s opportunities for clients in the sports and entertainment industry.
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| Information | Details |
|---|---|
| Geography | Europe |
| Countries | 🇨🇠🇺🇸 |
| Sentiment | very positive |
| Relevance Score | 1 |
| People | Wale, Adewale Ogunleye |
| Companies | Goldman Sachs, National Football League (NFL), National Football League Players Association (NFLPA), Credit Suisse, UBS |
| Currencies | None |
| Securities | None |
