With a difficult 2008 behind it, UBS AG's New York private wealth management unit is plowing ahead with its program of opening more U.S. offices, according to John Straus, the head of the unit and the chairman of its UBS Private Bank.

This year the unit has opened offices in Louisville and Dallas and plans to open its 12th in Washington, Straus said in an interview last week; setting up shop in Florida is also a possibility. "We have the same aggressive build-out plan we set out many years ago," he said.

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