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Exclusive-UBS nears major investment bank restructuring -sources

UBS Group AG is poised to make sweeping changes to the senior ranks of its investment banking division globally as soon as Monday, marking a new milestone in the process of integrating Credit Suisse, people familiar with the matter said. The changes are aimed at producing unified teams following the completion of UBS's emergency takeover in June of Credit Suisse. Under the shake-up some Credit Suisse bankers will take on bigger roles in the combined company while some others leave, the so...
United States New York Milana Vinn Christian Lesueur David Carnevali Steve Pettigrew
Source: yahoo.com

UBS Group AG initiates senior leadership changes in investment banking division as integration with Credit Suisse advances

UBS Group AG is set to restructure its investment banking division, integrating Credit Suisse teams after an emergency takeover. Changes include personnel shifts in dealmaking groups and potential exits of certain bankers. CEO Sergio Ermotti aims to unify the two entities, with job cuts estimated at 30,000-35,000.
Steve Pettigrew Christian Lesueur Jeff Rose Jon Levin Sergio Ermotti Neil Meyer

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