Wealth management giant UBS is pitching more 'blank-check' companies to rich clients and family offices — and upping retail allocations for SPAC IPOs to as much as 20%

8:49am PDT - May 21st, 2020    black wall street - Business Insider

• UBS is pitching special purpose acquisition companies — so-called blank-check companies — to its massive wealth-management network. 
• Jeff Mortara, head of ECM origination at UBS, told Business Insider that SPACs offer a good counter-balance …