Now that UBS has announced it will lay off
10,000 employees and scale back its fixed-income trading business, the bank is
repopulating its overhauled investment banking division. The new investment
bank will be split into two parts: Investor Client Services, and Corporate
Client Solutions the bank told wallstcheatsheet.
Investor Client Services will manage what trading business
the bank is keeping, such as equities and foreign exchange. The team will be
led by: Mike Stewart, Global Head of Equities; Chris Vogelgesang and George
Athanasopoulos, co-heads of Foreign Exchange and Precious Metals; and Chris
Murphy, head of Global Rates and Credit....
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