UBS moves 20 off China, IB teams

The Swiss bank shuffles staff in Hong Kong in a reorganisation that may indicate a reduced focus on China. There is no indication yet of a link to a regulator's investigation.

Ann Shi

November 11, 2016

UBS is reorganising its Hong Kong-based corporate finance group (CFG) – essentially its investment banking unit – and moving some junior bankers from its China-focused country team, according to an internal memo distributed today and seen by FinanceAsia.

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