UBS Hires Rothschild’s Grafstein as Co-Head of Americas M&A

UBS AG, Switzerland’s biggest bank, hired Laurence Grafstein from Rothschild to help run its mergers-and-acquisitions business in the Americas.

Grafstein, 51, plans to join UBS in New York as co-head of M&A in the Americas, the Zurich-based firm said today in an internal memo obtained by Bloomberg News. He was an executive vice chairman at Rothschild, the largest family-owned investment bank, where he has worked since 2009.