UBS Hires Ex-Credit Suisse Banker Taha for Leveraged Finance

UBS Group AG hired Abudy Taha, formerly of Credit Suisse Group AG, as a managing director in leveraged-finance and capital markets.

Taha will be responsible for activities covering both loans and high-yield securities for private equity and corporate clients, according to an internal memo, which was confirmed by a UBS spokeswoman. He will report to David Slade, global co-head of leveraged-finance and capital markets.

Taha worked at Credit Suisse for four years after spending 12 years on Deutsche Bank AG’s leveraged-finance desk, the memo said. In August, UBS hired Sarah Mackey, previously at Royal Bank of Scotland Plc, to co-head European leveraged-finance origination with Juergen Stein.

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