Market Chatter: UBS Fills Investment Banking Roles

MT Newswires Live11-15

UBS Group (UBS) has filled several top investment banking roles at the Swiss bank, Bloomberg reported, citing people with knowledge of the matter.

Jon Levin has been appointed as global head of health care on top of his role as head of consumer and retail, succeeding David Kostel, the report said.

Fergus Horrobin will become chairman of global real estate, lodging, and leisure, replacing Alan Felder, it added. UBS also promoted Bethany Ropa to head the Americas team, Wolfgang Fuchs to lead in the Europe, Middle East and Africa region, and Indran Thana to head Asia, excluding China, Australia, and New Zealand, according to the report.

In leveraged finance, Marc Warm was named global head of leveraged and debt capital markets, while Michele Cousins will be head of capital partnerships and global head of leveraged capital markets, the report said. Additionally, David Slade has been appointed vice chairman of global banking.

UBS did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 31.84, Change: +0.22, Percent Change: +0.68

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