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UBS adds 350 jobs in Nashville

FILE - The April 24, 2014 file photo shows the logo of Swiss bank UBS and the Swiss flag in Zurich, Switzerland. Swiss banking giant UBS AG reported a 15 percent jump Tuesday July 29, 2014 in second-quarter net profit from a year ago, driven by strong results from its core wealth management and trimmed-down investment banking franchises despite a tough market environment. Switzerland's biggest bank said its net profit for the April-June period rose to 792 million Swiss francs (US$ 876 million), up from 690 million francs in the comparable period from 2013. (AP Photo/Keystone, Steffen Schmidt,File)
FILE - The April 24, 2014 file photo shows the logo of Swiss bank UBS and the Swiss flag in Zurich, Switzerland. Swiss banking giant UBS AG reported a 15 percent jump Tuesday July 29, 2014 in second-quarter net profit from a year ago, driven by strong results from its core wealth management and trimmed-down investment banking franchises despite a tough market environment. Switzerland's biggest bank said its net profit for the April-June period rose to 792 million Swiss francs (US$ 876 million), up from 690 million francs in the comparable period from 2013. (AP Photo/Keystone, Steffen Schmidt,File) FILE - The April 24, 2014 file photo shows the logo of Swiss bank UBS and the Swiss flag in Zurich, Switzerland. Swiss banking giant UBS AG reported a 15 percent jump Tuesday July 29, 2014 in second-quarter net profit from a year ago, driven by strong results from its core wealth management and trimmed-down investment banking franchises despite a tough market environment. Switzerland's biggest bank said its net profit for the April-June period rose to 792 million Swiss francs (US$ 876 million), up from 690 million francs in the comparable period from 2013. (AP Photo/Keystone, Steffen Schmidt,File)

By Wire Service, Staff Report 1 min read

FRANKLIN, Tenn. — UBS will expand its 2-year-old facilities in Middle Tennessee by opening an $11.2 million office as well as a satellite branch office for Wealth Management Americas financial advisors in Williamson County.

The expansions will create more than 350 new jobs and comes just two years after UBS announced plans for a $36.5 million shared services center in Nashville that is projected to add 1,000 jobs over five years.

“When a globally recognized brand like UBS decides to invest here and then continues to expand, it strengthens Tennessee’s brand and our ability to compete in the global marketplace,” Tennessee Gov. Bill Haslam said Monday,.

Wanda Lyle, managing director and general manager of the UBS Nashville Business Solution Center, said the newest addition will expand jobs beyond the 1,000 jobs UBS announced in August 2013.