UBS Hong Kong Banker Sharlyn Wu Is Said to Leave Company

Sharlyn Wu, the UBS AG (UBSN) banker who was put on leave in Hong Kong this year amid an internal probe into hiring practices, is leaving the Swiss bank, a person with knowledge of the matter said.

The person asked not to be named because the matter is confidential. Mark Panday, a spokesman for Zurich-based UBS in Hong Kong, declined to comment. Two calls to Wu’s mobile phone went unanswered. The Wall Street Journal reported her departure earlier today.

Wu, who was an executive director, was put on leave along with Joseph Chee, UBS’s Hong Kong-based head of global capital markets for Asia, amid the company’s review of the hiring of a banker linked to China’s Tianhe Chemicals Group, two people with knowledge of the matter said in February. Chee returned to work in March.

To contact the reporter on this story: Cathy Chan in Hong Kong at kchan14@bloomberg.net

To contact the editors responsible for this story: Chitra Somayaji at csomayaji@bloomberg.net Russell Ward

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