When the Brakes Fail: UBS and the Collapse of First Brands It is the biggest U.S. corporate default in years — and, so far, only one global bank is caught in its wake. finews.com reveals how UBS Asset Management promoted its working-capital funds to professional investors, marketing that now sits uneasily beside the bank’s outsized exposure to the collapse of First Brands Group.

When the Brakes Fail: UBS and the Collapse of First Brands: It is the biggest U.S. corporate default in years — and, so far, only one global bank is caught in its wake. finews.com reveals how UBS Asset Management promoted its working-capital funds to professional… #UBSAssetManagement #UBSOConnor