• Most Popular
  • Most Shared

UBS names new roles to 3 top Asia bankers

Mon Mar 9, 2009 9:38pm EDT

Stocks

   

HONG KONG, March 10 (Reuters) - UBS AG (UBSN.VX) has appointed top China banker Henry Cai as its Asia investment banking chairman, a memo seen by Reuters said on Tuesday, in a move meant to give him a greater role in managing the business across Asia.

Stocks  |  Mergers & Acquisitions

Cai's previous title was vice chairman, Asia and chairman and head of China, investment banking.

UBS also appointed two Hong Kong-based mergers and acquisitions bankers, David Chin and Matthew Hanning, as joint heads of Asia investment banking.

Hanning's previous title was head of mergers and acquisitions and corporate finance for the Asia Pacific. Chin is a financial institutions group banker, who was involved in $7.6 billion worth of deals last year, according to the memo.

(Reporting by Michael Flaherty, Editing by Jacqueline Wong)



More from Reuters

Photo

House Democrat says still short on health votes

WASHINGTON (Reuters) - White House officials on Sunday confidently predicted quick final passage of healthcare reform but a top Democratic vote-counter said the party still needs to line up more support in the House of Representatives.

A home sits for sale in Geneva, Illinois June 23, 2009. REUTERS/Jeff Haynes

"Cash for keys" to buy homes

A hot new loan-selling business is freeing Americans from crushing debt and enticing mortgage investors hungry for a deal.   Full Article 

A passenger stands in front of the main board in the departure hall at Frankfurt airport July 28, 2008.

Paying for the right to choose

It's one thing to have to pay for extra baggage, but no fee irks airline travelers more than this.  Full Article