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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...

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...

(Bloomberg) -- UBS Group AG is set to make management changes to its investment banking division as soon as Monday, with several senior bankers in talks to leave, Reuters reported, citing people familiar with the matter.Most Read from BloombergS&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenElon Musk Says Treasury Bills Are ‘No-Brainer’Apple Faces Longest Sales Drop in Decades as iPhone SlumpsCredit...

The changes are broad and involve several dealmaking groups, including healthcare, consumer/retail, financial sponsors and equity capital markets, the sources said.

The management changes will reportedly take place as soon as Monday, with several senior bankers in talks to leave.

Continued integration of Credit Suisse after emergency takeover spurs plans for reshuffling UBS's deal teams, Reuters reports.