Finance
UBS Revamps Leadership Team at Global Banking Division
- Six Credit Suisse bankers named among almost 40 appointments
- UBS downsizing Credit Suisse’s loss-making investment bank
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UBS Group AG is revamping the leadership of its investment banking division, as the lender presses ahead with its integration of former rival Credit Suisse.
Among almost 40 appointments announced in a memo to employees Monday were six Credit Suisse bankers, including David Kostel, who was named Global Co-Head of Coverage and Tom Churton, who was named Global Chief of Staff.