UBS is reorganising its mergers and acquisitions business for Asia-Pacific region, betting on increased activity as Chinese companies gear up for a fresh round of deals, especially in the resources sector.
As part of the restructuring, UBS has handed Greg Peirce full responsibility for its mergers and acquisitions business for Asia-Pacific region, the bank said in an internal memo seen by FinanceAsia this week.
Peirce's former co-head of MA, Pei Shen Chou, takes on a new role as head of Asia natural resources amid expectations that deals in the sector will heat up as China seeks deals overseas to improve its energy security...
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