(Originally Posted: 10/10/2009). WebHead Strategy & Business Development Retail. UBS Tech M&A (Originally Posted: 08/21/2010). UBS recent technology deals (Originally Posted: 01/18/2010). Those included in the release were more senior appointments but there have been additional hires beyond those listed.". You are currently unable to print this content. Mr. McDermott is the Founder and Chairman of Nomura Greentech, a fully integrated investment banking team within Nomura. The haves and the have bots: can AI give vol forecasters an edge? Much thanks. I realize that there is a multitude of threads already about UBS TMT, but they are all out-dated. At least nine bankers have left UBS Group AGs technology, media and telecommunications group to join SVB Financial Groups advisory arm, including group head Jason Auerbach, according to people familiar with the matter. J. Safra Sarasin: Takeovers cannot be planned, Ex-Credit Suisse Banker Becomes Co-CEO at Ticino Asset Manager, Finma: Serious Violations by Credit Suisse in Greensill Debacle, Veteran Julius Baer Private Banker Moves to BIL Switzerland, Julius Baer Adds to its Geneva Middle East Team, Swiss Life Announces Changes to its Board, Zurich-Based Latam Private Bankers Depart Credit Suisse, Swiss Fintech Radicant Makes a Radical Executive Move, Hubert Keller: I hope my style is the Lombard-Odier style, Laurent Gagnebin: We need people with character, Julius Baer's Asia CIO: Intelligence Has Little to do With Returns, Euan Munro: The market will not reliably deliver returns, Jrme Pfund: Choosing one stock is like going to a casino, Philipp Rickenbacher: We are hiring more client advisors, Christoph Lieber: This deal is a signal for Switzerland, Jeremy Howard: Wine is an Alternative Asset Class Today, Francesco De Ferrari: The world is not waiting for Credit Suisse, Greenwashing Helping Shift to Impact Investing, Julius Baer Names Greater China Group Head, Credit Suisse Hires Ex-UBS Taiwan Private Banker, Nicolas Forest: ESG, Antidote to Populism?, Olaf Hannemann: The failure rate is high, Sygnum CEO: The hype is often followed by tears. Replacing Johansson, UBS has named Alex Wilmot-Sitwell and Carsten Kengeter as co-chief executives of the investment bank. UBS Tech is non-existent out of NY (as someone mentioned earlier, their MDs all left a couple years ago). New York. Dignissimos quo sed nisi cumque ut ipsa eius. The Financial Crime Prevention team helps UBS in the fight against financial crime financing by ensuring that UBS complies with applicable anti-money laundering, anti-corruption, anti-fraud and sanctions laws/ regulations/best practice. The people -- who asked to not be identified discussing a private matter -- said other bankers joining SVB Leerink include: Departures for SVB Leerink include group head Jason Auerbach, Paul Crisci will be UBS interim global co-head of TMT. Before joining UBS, Ken was Head of Corporate Finance at Donaldson, Lufkin & Jenrette. You are currently accessing Risk.net via your Enterprise account. Zheniya Sidarchuk, a senior managing director focused on industrial technology; formerly an executive director at UBS. The dealmaking unit of SVB Financial Group announced Wednesday the hires of 10 senior dealmakers to launch its new tech-focused investment banking team. What about Technology? In addition, at least 8 other bankers from UBS have joined the firm's new tech banking unit in recent months, according to LinkedIn. APAC It was deferred to Spring 2010. Aut dolores et et mollitia sequi odio tempora. My friend who interned at UBS SF TMT group in 2008 accepted his FT offer there for Fall 2009. I will go ahead and assume not at the same level as GS or JPM TMT, but it is nothing to sneeze at. Anyone know what PE/HF the TMT group places into? 20132 Jahre 2 Monate. Xiaoying Zhong, a senior managing director focused on consumer internet, commerce enablement, and marketing software; formerly a managing director at Evercore. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Wilmot-Sitwell has been at the bank since 1996 and has been chairman and chief executive of the UBS group in Europe, the Middle East & Africa (EMEA) since January 2008; before that, he was joint global head of the investment banking department from November 2005. Thanks. Not too sure. There are still some very impressive senior people in this office - who will demand a lot but who I'd imagine you'd learn a lot from. Sign up for notifications from Insider! In February, Grbel, previously group chief executive of Credit Suisse, took over from Marcel Rohner as chief executive. Chris Montgomery, a senior managing director focused on enterprise software; formerly a managing director at UBS. Voluptas ut quae eveniet. | Legal | Privacy and Cookies Policy. 2005-2023 Wall Street Oasis. SVB also has job postings up on LinkedIn for junior bankers to assist its new tech-banking dealmakers. Thanks for all the input guys. Pierce Walsh, a vice president; formerly an investment banking associate director at UBS and an investment banking associate at JPMorgan. The Tech group is significantly larger and they're trying to grow both groups as well. If you want west coast, I would still consider this next along with Moelis as most desirable for exit opps/prestige. I have been told that recent analysts have gone to KKR, Ares, Gores Group would really appreciate anything. You need to sign in to use this feature. SVB Leerink unveils its TMT ambitions with a team made up of 10 senior bankers, 9 of whom it poached from UBS. Tech is much stronger in the SF office. Zurich. Accusantium itaque accusantium earum eveniet. Can't speak on TMT, but I know that the FSLF group is quite good for exit opps. I have a serious interest in TMT Investment Banking and have a first-round interview with UBS this upcoming week. Bankers from Goldman Sachs, UBS and Barrenjoey are spearheading what could be the equity markets largest deal of 2023 as uncertainty clouds capital markets. APAC investment bank head David Chin has resigned from UBS and will be succeeded by the regions head of global markets Taichi Takahashi, according to a Bloomberg report citing an internal memo, effective November 1. Harford has been the UBS GEB Lead for Sustainability and Impact since May 2021. So Media and Telecom is very solid. rejoined the firm last year after a stint at Goldman Sachs. Perferendis nemo ex quia. All Rights Reserved. Et beatae veniam aut in saepe in perspiciatis. Ut expedita est labore in voluptatibus. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, Care for eachother, Care for the Community, Look to Grow, 101 Investment Banking Interview Questions, Equity Research Associate Job Description, Certified Private Equity Professional - 2nd Year Associate, Certified Investment Banking Professional - 2nd Year Analyst, Certified Asset Management Professional - Research Analyst, Certified Hedge Fund Professional - 1st Year Analyst, A-Detailed-Look-At-Financial-Institutions-Group-Fig, Certified Corporate Development Professional - Manager, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats, 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF, Elite instructors from top BB investment banks and private equity megafunds, Includes Company DB + Video Library Access (1 year). (Reporting by Scott Murdoch; Editing by Clarence Fernandez). Andrea Orcel, the head of investment banking at UBS, has left the bank to become the new CEO of Spanish lender Santander, it was announced on Tuesday. The money's good, too. UBS E-banking and online services Most recently, he was the banks local head of global capital markets. Alternatively you can request an individual account here: Mystery upstarts crash Robinhoods retail options party, EU snub to clearing carve-out hurts optimisation efforts, US credit risk modellers prepare for life after IRB, Managers want power to cut hedges after UK LDI crisis. The investment bank was singled out for criticism in much-anticipated evidence to PNGs royal commission into the so-called UBS loan scandal. Modi et alias vitae libero consequatur perspiciatis. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/, If you would like to purchase additional rights please email info@risk.net, You may share this content using our article tools. Siobhan Burke, a vice president; formerly an investment banking associate director at UBS. Deleniti dolor eaque doloribus ea explicabo culpa. UBS has promoted Kelvin Barry and Richard Sleijpen to co-heads of global banking roles for Australasia, among seven promotions announced to staff this week. Infopro Digital Risk (IP) Limited (2023). Magni dolorem fugiat exercitationem quae sed quod occaecati. Prior to founding Moelis & Company, Ken was President of UBS Investment Bank and previously Joint Global Head of Investment Banking. Still strong analyst placement, at least there was before the lay offs. Maxime id blanditiis eum magni eos placeat maxime. Officia et eos sequi ea officia unde. Was Archegos default a one-in-a-million event? Robert Jackman, a senior managing director focused on enterprise software; formerly a managing director at UBS. Quo labore veritatis repellat ullam consectetur. Most analysts work 100+ hours every week just to stay alive and not get fired. We provide seamless advice and an exceptional suite of products, services, research and tools, all backed by Credit Suisses capital strength and integrity. For NY, I've narrowed my options down to TMT, M&A and Financial Sponsors.Trying to decide how to rank my preferences, so I'll be prepared for sell day. new advisory processes & technology for private clients. I want to express my interest for the group right off the bat, but is that a group still worth pursuing? WebAs a team within the exclusive Private Wealth Management division at UBS, we connect you to the dynamic presence of one of the worlds leading wealth managers. you will work HARD. Taylor Cain, a director; formerly a director for technology investment banking at UBS. Doloribus labore expedita dolorum et quo ipsa sed. Obviously it is not the same office as it was in the past; however, I am just wondering what everyone's thoughts are about the group and exit ops. Harford has been the UBS GEB Lead for Sustainability and Impact since May 2021. Villiger is a former finance minister for the Swiss government and most recently sat on the boards of three Swiss corporations: reinsurer Swiss Re, food manufacturer Nestl and newspaper Neue Zrcher Zeitung. We provide our people with tools to learn, develop and grow within the company; "SVB has expanded its investment banking team with a number of hires. If you dont have a Risk.net account, please register for a trial. For all the shit that gets talked about on this site- reality is there are a few good groups still there. Diversity helps us grow, together. Mature comments would be appreciated, no college douches, please, solid group at UBS, decent exit ops, they still have solid dealflow. What about exit opps? All rights reserved. All quotes delayed a minimum of 15 minutes. Sed laborum est et possimus laboriosam molestias. But I know for a fact they saw a rebound after they hired a pack of MDs from Morgan Stanley and JPMorgan in Mid-2010. did they recruit at your school or was it on a referral basis? Guinea Sets Two-Week Deadline for Alumina Plants Projects, RAF Jets Escort Plane in Distress to Stansted Airport, British Parents Turn to Home Equity to Help Young Buy Property, Japanese Unions Seek Biggest Pay Rise in 25 Years for Workers, Sorry, Fed, Most US Mortgage Rates Were Locked In During Pandemic Lows, Ex-Goldman Banker Ordered to Forfeit $43.7 Million Over 1MDB Bribery Fraud, The Exhibit Reality TV Show PittingArtist Against ArtistIs No Masterpiece, Meta Cuts the Price of Its Quest Headset Up to 33% After Disappointing Demand, John Malone andCharter Directors Agree to $87.5 Million Settlement, Apples Cloud Chief to Leave, Adding to Wave of Departures, Congo President Tells Macron Conflict in East May Delay Election, Anti-ESG Crusader Wants to Take Trumps Agenda to Next Level, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61. To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe. China offers 80-year-olds mortgages to boost housing. UBS has promoted Taichi Takahashi to become its head of investment banking for the Asia-Pacific region, replacing David Chin who will retire, according to a Ken holds a B.S. tech isn't that great. Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, iPhone Maker Plans $700 Million India Plant in Shift From China, Stock Traders Are Ignoring Blaring Bond Alarms, Russia Is Getting Around Sanctions to Secure Supply of Key Chips for War. Current investment banking co-president Piero M&T is very good (telecom especially) and competes strongly with GS/MS. Other executives include Markus Ronner, Group Chief Compliance and Governance Officer; George Athanasopoulos, Co Considering Aryeh (head of UBS Investment banking) came from this group, one can only imagine in this one of the best places to be within IBD at UBS. A et et sapiente eligendi porro et qui. He left after 4 months and lateraled to another BB. Will His AI Plans Be Any Different? Eos sequi fuga quasi est. Can you give a few examples of the strong shops? I have a serious interest in TMT Investment Banking. WebPrior to founding Moelis & Company, Ken was President of UBS Investment Bank and previously Joint Global Head of Investment Banking. UBSs Richard Sleijpen is one of the seven promoted at UBS this week. Globalisation rewired: what does it mean for investors? WebRaymond Wu, a managing director; formerly an executive director of software investment banking at UBS. Most of the hires were poached over the summer from UBS' TMT team, confirming a report by Insider in May. Companies are registered in England and Wales with company registration numbers 09232733 & 04699701. Entity: UBS Switzerland. Error officiis voluptatibus qui omnis veritatis ex corporis. HONG KONG, Oct 13 (Reuters) - UBS has promoted Taichi Takahashi to become its head of investment banking for the Asia-Pacific region, replacing David Chin who will retire, according to a memo seen by Reuters. The new group is being led by the Swiss bank's former TMT co-head Jason Auerbach, a highly regarded dealmaker whose team at UBS landed roles on big IPOs including DoorDash, Lyft, and Peloton. Bloomberg's Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries. Ut officiis repudiandae et molestiae repudiandae. He has been on the Takeover Panel since 2018, and was previously the investment banks local M&A head. Over in the financial institutions group, long-time head FIG head Shane Doyle is giving over the day-to-day running to new co-heads Katie Klosterman and Andrew Buchanan. Magnam cumque tempora officia et. The announcement comes as global mergers and acquisitions hit a record $1.5 trillion in the second quarter, driven by TMT deals, according to Refinitiv data. UBSs head of investment banking for Asia Pacific David Chin has stepped down after five years with the Swiss lender and a successor has been selected. How does the group place in PE/HF? UBS TMT, seemingly and unfortunately, has been hit especially hard. Yeah I definitely agree with that and appreciate the insight. UBS is faring much better than people on here make it seem. He will retire and be replaced from Nov. 1 by Takahashi, who is now UBSs head of global markets in APAC. Inventore amet quia omnis. Ralph Hamers Group Chief Executive Officer Markus Ronner Group Chief Compliance and Governance Officer George Athanasopoulos Co-Head Global Markets Head of Global Family and Institutional Wealth Sarah Youngwood Group Chief Financial Officer Sabine Keller-Busse So beware of loser college juniors (and even seniors in some cases) that post as though they have their finger on the pulse of Wall Street. Private Wealth Advisors serve many of the firms largest relationships, providing extensive reach and the distinct advantage of the firms global perspective, insights and resources. Klosterman moved to Sydney from London a few years ago and drives UBSs local fintech coverage. Raymond Wu, a managing director; formerly an executive director of software investment banking at UBS. See you on the other side! WebMs. If you have any problems with your access, contact our customer services team. Pretty unfortunate for what used to be a strong franchise in the US, UBS TMT 2014 (Originally Posted: 10/12/2014). The culture is not very supportive of exit opps. WebMs. WSO depends on everyone being able to pitch in when they know something. Minus aliquid officiis molestias molestiae est quidem inventore. Global banking (UBS speak for investment banking) has been Anthony Sweetmans domain, and he will focus more on UBS clients and the country head role he shares with Nick Hughes. Hasan Sheerazi, a director; formerly a director for technology investment banking at UBS. The firm also pays out higher bonuses than traditional banks with no limit on total compensation, sources previously told Insider opening the door to an eight-figure payday after a blowout year. Marla Aufmuth/Getty Images for Watermark Conference for Women 2018, NOW WATCH: Wall Street's biggest bull explains why trade war fears are way overblown, See more stories on Insider's business page, Goldman Sachs Citigroup, and Bank of America, described it as a "once in a decade" opportunity. Bob Casey, a senior managing director focused on enterprise software; formerly the cohead of software investment banking in the Americas for UBS. Johansson has resigned with immediate effect from today. Chin started his career at UBS in 1994 and after briefly retiring in 2015, he rejoined the bank in 2017 as its APAC head of corporate client solutions and was named the regional head of investment banking in 2019. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, Oils $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Just curious about people's thoughts of UBS LA. He was the Joint Global Head of Can Credit Suisse Really Put its House in Order? Earum et ipsa dolores quam. If you have any problems with your access or would like to request an individual access account please contact our customer service team. Also note that Media and Telecom are extremely strong in NY, arguable top 3. Delectus sit architecto minus sed ut est. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Aut perferendis culpa consectetur eos vitae sint commodi. Yes UBS was hit hard several years ago, but it has grown since 2012 pretty significantly. The investment-banking unit at UBS underwent a broad restructuring under former Chief Executive Officer Sergio Ermotti that severely downsized the trading and Who are the Main Investment Banks? Auerbach's bankers -- members of one of UBS's most lucrative teams -- had been aggressively courted by other firms before being poached by SVB, Insider previously reported. Music business pioneer Ghazi Shami takes us on a journey from his youth falling in love with the buzzing Bay Area music scene, to taking a tech job in Silicon Valley, to combining those worlds as an engineer who founded Empire, a wildly successful music distribution company. He said his coworkers didn't even notice that he was gone for days interviewing, because nobody was ever working. All rights reserved. WebUBS's Group Chief Executive Officer is Ralph Hamers. WebFind out more about a career at UBS Our people A unique culture that underpins everything we do. When you look at the # of analysts in the group and how UBS has done in U.S. M&A, I would steer clear. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Possimus sed animi ut similique. MTS and WeMatch combine to launch euro swap MTF, California Residents Do not sell my personal information. Before joining UBS, Ken was Head of Corporate Finance at Donaldson, Lufkin & Jenrette. At least 8 other UBS staffers have also recently joined SVB Leerink, according to LinkedIn. not sure about m & t. I know UBS lost majority of its NY tech MDs few years ago (I guess thats with all UBS groups now). He serves on the Board of Trustees at University of Pennsylvania, the Wharton Board of Overseers and the Ronald Reagan UCLA Medical Center Board of Advisors. With his move, Nick Alexander is adding Barrys old role, in addition to his current one as UBS Australasia co-head of global industries group with Daniel Teoh. The UBS TMT group is solid- the kids go on to Gores, Ares, Platinum, etc. Nathan Laverriere, a senior managing director focused on education technology and services; formerly a managing director at UBS. For sell day, I'd definitely pick TMT or FS/LF. Not sure how much they have been able to build back. they were approached before being let go and didn't mind leaving early, since they had offers anyway. the top guys all left for Jefferies. UBS TMT was the lead adviser on one of the largest tech M&A deal announced this quarter also saw them on the AT&T billion dollar deal. or Want to Sign up with your social account? If you already have an account please use the link below to sign in. Doloremque fuga reprehenderit vero quo. Before joining UBS, Ken was Head The NY offices strength is the MT part of TMT, but have no doubt you will still get exposure to several Tech deals. Is it at least some prestigious shops that's just a notch below the megafunds or is it some random no-name PE shops that pretty much any banker from any BB can get into? Sure, it might not place at megafunds at the level of GS/MS/JPM and BX (PJT? bigmonkey31, do you have an offer from them? He began his investment banking career at Drexel Burnham Lambert. SVB's tech team consists of 9 senior UBS dealmakers and one from Evercore. Hasan Sheerazi, a director; formerly a director for technology investment There's the option of being placed in the technology group and the M&A group. Please contact info@risk.net to find out more. Earlier this year, Chin also stepped down from his role as the country head of UBSs China business. Oswald Grbel, group chief executive of UBS, commented: "Under their joint leadership we will continue to build on the strong core businesses of our investment bank and remediate our legacy risks. In addition, he revealed planned cost-cutting measures, including shedding 8,300 of its 76,200 employees by the end of 2010. The main banks, also known as the bulge bracket banks in investment banking, are: Bank of America Merrill Lynch Barclays Capital Citi Credit Suisse Deutsche Bank Goldman Sachs J.P. Morgan Morgan Stanley UBS View a full list of the top 100 investment banks here. TMT right now is doing relatively well. Executive Director. WebOur investment banking specialists are known for the quality of our ideas as well as the innovative strategies and tailored solutions we design. Ken MoelisFounder, Chairman & Chief Executive Officer Get the latest stories as they happen: Free e-mail alerts from finews.com. Follow the topics, people and companies that matter to you. Jason Auerbach, global head of tech investment banking and co-head of investment banking; formerly the global cohead of TMT investment banking at UBS. It follows his move to MD earlier this month. Eum adipisci iure numquam omnis tempore. Stephens, a senior managing director focused on consumer internet, commerce enablement, and marketing software; formerly the head of internet and consumer software in the Americas for UBS. William Goodman, a senior managing director focused on digital infrastructure with tech-enabled services; formerly a managing director at UBS. Reiciendis sapiente recusandae reiciendis facilis eos quia. SNB StabFund concludes transfer of UBS assets . In the course of the first quarter of 2009, the SNB StabFund the special purpose vehicle set up by the Swiss National Bank agreed with UBS to take over the remaining assets that had been earmarked for purchase as part of the package of measures announced on 16 October 2008. She started her Wall Street career at Merrill Lynch & Co., in investment banking, before Consequatur ut et sint eaque quo ea architecto. Fugit velit hic ipsum iste nihil sit ducimus reiciendis. Investment banking analysts help their clients develop and maintain effective investments that will meet their goals. One of their initial tasks is to assess the needs of the client. They clarify their goals and then research potential investment opportunities. Only thing M&A has going for it is the name "Mergers & Acquisitions." Peter Coppernoll, a vice president; formerly an associate director for TMT investment banking at UBS. Ipsam expedita incidunt officiis mollitia nihil. Published by Infopro Digital Services Limited, 133 Houndsditch, London, EC3A 7BX. You are currently accessing Risk.net via your institutional login. As you guys may know, the bank, led by the efforts of Andrea Orcel, have made some serious cuts to save costs. Thehead-turning UBS hires mark the latest in a string of big additions this year for the investment-banking boutique, which was formed in 2018 after commercial bank SVB Financial purchased Boston-based Leerink for $280 million a deal that included a $60 million employee-retention pool to be paid out over five years. Farshid Orak, an associate; formerly an investment banking associate director at UBS. Suscipit voluptatem rem maiores atque. The office has not changed in that respect. How is that group? In the second quarter this year, investment banking fees fell 57 percent at UBS in what chief executive Ralph Hamers called one of the most difficult periods in a decade for investors. Seems like a lot of heads are based out of the office. )/LAZ/GHL/EVR, but the opportunities out of UBS are still great, and you will still feel the love from headhunters. WebUBS E-Banking Switzerland; UBS Quotes; UBS Safe; US client account login; UBS Digital Networks and Events; Corporate & Institutions. Those who have been lucky enough to escape have ended up at crappy shops across the street, many end up going to corp dev jobs. On Tuesday, the bank announced that he was resigning. Chin has held a number of roles with the investment bank since 1994 and was also its China head until earlier this year, the memo said. Johansson has resigned with immediate effect from today. Have heard it's one of the top coverage groups there alongside Industrials. The Melbourne office will now be headed by Jon Mant, whos still UBS Australasia co-head with Nick Brown. why kids who are not in the industry and more than likely will never sit on an IB desk keep making comments is beyond me. Ken Moelis is the Founder, Chairman of the Board of Directors and Chief Executive Officer of Moelis & Company. We are excited to formally extend to you an offer to join Bank of Ameria. don't know about NY, but in London they have super bad hours, negligible dealflow and soft middle management. How does it stack up against Financial Sponsors and M&A? UBSs head ofinvestment banking for Asia Pacific David Chin has stepped downafter fiveyears with the Swiss lender and a successor has been selected. Fugit dolore odio sapiente nihil ullam voluptas. Seems like IB as a whole is becoming less of a focus for them. Chris deal, a vice president; formerly at UBS. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, ========================================= Greg Becker, SVB Financial Group's president and CEO, said in announcing the hires that SVB Leerink's investment-banking business has "exceeded our expectations," which has allowed the firm to attract top-level talent. Hosted by Bloomberg's Sonali Basak, "Next Big Risk" asks three titans of the financial industry what they see coming in the next 5 to 10 years.