UBS lures Deutsche veteran to boost M&A firepower

Anticipating strong deal flow into next year, Swiss bank adds rainmaker for new post in M&A advisory business. It hopes outbound deal-making will make up for tepid capital markets.

UBS lures Deutsche veteran to boost M&A firepower

UBS has moved to bolster its deal-making capacity by hiring veteran rainmaker Pei Shen Chou as co-head of mergers and acquisitions in Asia, according to an internal memo seen by FinanceAsia.

Chou was Deutsche Bank’s head of China MA before the move and is now on gardening leave before starting his new role at the Swiss bank in February, according to a person familiar with the situation.

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