Barely a week after UBS announced that it will appoint a new chairman at its annual general meeting in April and less than a month after its CEO announced his intention to step down, the Swiss firm has announced a series of senior level changes at its investment bank in Asia.
The changes were sparked by the surprise resignation of Robert Rankin as head of investment banking for Asia-Pacific earlier this week. While UBS has struggled at a global level over the past year, Rankin has built the firm into one of the top investment banks in Asia since he became co-head of investment banking in the region in 2003 and he is likely to...
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