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UBS to Hire 20 Managing Directors to Boost Investment Bank

  • New investment bank strategy is focused on four core areas
  • Plans to focus on specific sectors rather than broader market
An illuminated sign hangs above the entrance to the UBS Group AG headquarters in Zurich.

An illuminated sign hangs above the entrance to the UBS Group AG headquarters in Zurich.

Photographer: Michele Limina/Bloomberg
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UBS Group AG plans to bolster the most senior ranks of its investment bank to drive growth of coverage areas where it’s seeking to be more competitive.