UBS M&A Guru Bails

In the latest of a string of high-level departures to hit Swiss banking giant UBS AG, its head of global mergers and acquisitions has defected to become a partner at New York-based boutique Moelis & Co, the Wall Street Journal reports

Liam Beere, a 19-year veteran at UBS, will join Moelis in September, according to a statement from the boutique bank. Mr. Beere, formerly the head of European M&A at UBS, was promoted to the global job only in March….

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