UBS's China IB head departs

Dealmaker is the latest big name to leave the Swiss bank, which is also losing its head of M&A advisory for the region.

Jiang Guorong yesterday quit as China investment banking head at UBS, two sources confirmed to FinanceAsia.

Jiang was also a vice-chairman of the Asian investment banking division known as corporate client solutions, or CCS, at the Swiss bank. His next destination has not been confirmed, though FinanceAsia understands he is set for a senior investment banking role at a rival international bank.

A former economist, Jiang joined UBS in May 2015 after 10 years at China International Capital Corporation CICC.

He becomes the latest big name to depart UBS in recent months most notably Joseph Chee, who...

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