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Press release from Business Wire

UBS Wealth Management Americas Publishes “Political Transition: Risks Beyond Elections,” Volume II in its Election Watch 2012 Series, at Chicago Exclusive Client Event

Tuesday, April 17, 2012

UBS Wealth Management Americas Publishes “Political Transition: Risks Beyond Elections,” Volume II in its Election Watch 2012 Series, at Chicago Exclusive Client Event19:30 EDT Tuesday, April 17, 2012 CHICAGO (Business Wire) -- Robert J. McCann, Chief Executive Officer of UBS Wealth Management Americas (WMA), hosted an exclusive client event in Chicago as part of WMA's ongoing Revitalizing America Initiative, which aims to forge common ground and discuss nonpartisan ways to revitalize the U.S. economy. Together for the fourth time in the series, President Bill Clinton and President George W. Bush shared their unique insights on a range of issues including leadership, job creation, immigration and the country's economic recovery. Prior to the presidential conversation, Mike Ryan, WMA's Chief Investment Strategist and author of Election Watch 2012, hosted a discussion on the current political climate and its impact on investors and their portfolios. The conversation included Tony Roth, Head of Wealth Management Strategies, Andy Blocker, Federal Affairs Manager and Managing Director and Keith Hembre, Chief Economist, Chief Investment Strategist and Head of Quantitative Strategies for Nuveen Asset Management. Following the event, McCann commented: “I am grateful the presidents have continued to share their invaluable knowledge and perspective on the types of leadership we need to rejuvenate our economy. The Presidents' participation in Revitalizing America underscores UBS's commitment to providing our clients with meaningful and unique insights into the issues that matter to them.” Augmenting the Presidential Conversation, WMA's dedicated Wealth Management Research (WMR) unit published the second volume of Election Watch 2012, a series of reports designed to guide investors through the critical issues and developments of this election season. Highlights of the report include: The year 2012 will see presidential elections in the US, France, India, Iran, Korea, Russia and Taiwan, as well as a leadership transition in China. There exists potential for leadership changes in countries representing nearly 50% of global GDP during this year alone. There are a few broad themes that are widely shared across countries and are likely to influence the policy landscape for years to come: the key issues to influence policy outcomes will be the health of the domestic economy; the proposals for tackling rising levels of public indebtedness; and the evolving role of government in economic matters and shifting tides of social unrest. Improving competitiveness, stimulating job growth and reducing high rates of unemployment are high on the issues list as elections near in the US and France. In the US, an improving jobs picture and strength in manufacturing bodes well for President Obama, but potential pitfalls include low job approval ratings, high unemployment and a looming Supreme Court decision on healthcare reform legislation. President Obama will likely win a second term based on an improving jobs picture and recovering economy, although the high unemployment rate, the future of healthcare reform in the Supreme Court and still weak job approval numbers present potential pitfalls. About UBS Wealth Management Americas UBS Wealth Management Americas provides advice-based relationships through financial advisors who deliver a fully integrated set of products and services specifically designed to address the needs of ultra high net worth, high net worth and core affluent individuals and families. It includes the Wealth Management US business, the domestic Canadian business and the international business booked in the United States. About UBS Wealth Management Americas Revitalizing America Initiative Launched in response to investors' deep concerns about America's long-term economic growth, UBS Wealth Management Americas Revitalizing America Initiative comprises a series of speaking engagements and programs that UBS will host over the course of the year, aimed at forging common ground and discussing how, together, we can revitalize the U.S. economy. In support of the initiative, UBS WMA has published “Revitalizing America: Forging a New Path toward Economic Prosperity,” a report on the challenges facing the nation's economy. Additional information available at: Notes to Editors UBS draws on its 150-year heritage to serve private, institutional and corporate clients worldwide, as well as retail clients in Switzerland. Its business strategy is centered on its pre-eminent global wealth management businesses and its universal bank in Switzerland. Together with a client-focused Investment Bank and a strong, well-diversified Global Asset Management business, UBS will drive further growth and expand its premier wealth management franchise. UBS is present in all major financial centers worldwide. It has offices in 57 countries, with about 35% of its employees working in the Americas, 36% in Switzerland, 17% in the rest of Europe, the Middle East and Africa and 12% in Asia Pacific. UBS employs about 65,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE). UBSNew York: Karina Byrne, +1-212-882-5692