CNBC Squawk Box October 27, 2009
lynch executive bob mccann to head its america's wealth management unit. this appointment was widely expected. mccann had been with merrill for 26 years. ubs's franchise was battered by a tax from the u.s. government. >> i thought that had already happened. i had a friend at ubs and i said, hey, tell mccann i need a big pr job over there and the guy didn't write anything back. so that wasn't already done. >> maybe now the job will be on the way. >> maybe now it will be open. sure. >> meantime, gary loch is in china today. he says the u.s. welcomes the rise in the yuan's exchange rate...