UBS Taps Morgan Stanley’s Tom Wipf to Help Lead Credit Suisse Tie-Up

  • Wipf led Wall Street through the transition away from Libor
  • He joined Morgan Stanley in 1986 after a stint at Citi
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Tom Wipf, a vice chairman at Morgan Stanley, is departing after almost four decades to join UBS Group AG.

He will help lead the bank’s effort to integrate Credit Suisse’s operations in the Americas, according to company spokeswoman Erica Chase, after the emergency takeover of UBS’s Swiss rival. Wipf confirmed the move in an interview on Tuesday while declining to provide further details. A representative for Morgan Stanley declined to comment.