UBS has formed a new unit called the Executive Client Group, which consists of nine top bankers from the merged bank. Led by Ros L’Esperance, the team will manage key corporate clients globally and directly negotiate with company heads. This elite unit will report to Rob Karofsky, the head of UBS investment banking, who is known as “Killer” in the industry.

The approach taken by UBS investment bank mirrors that of Global Wealth Management, where Benjamin Cavalli was entrusted with managing strategic clients. Cavalli has assembled a team of experienced private bankers, including some individuals who have caused a stir outside the bank.

Karofsky has brought together nine veterans with extensive networks in their respective sectors. Ian Carnegie-Brown and Jason Hutchings represent Europe, Vik Hebatpuria and Gerry Lodge represent America, and Catherine Cai, Fergus Horrobin, and Janice Hu represent Asia.

Ros L’Esperance, the team leader, previously served as co-head of global banking and stepped down from that role earlier this year. She now holds the position of executive vice chair.

Despite UBS’s promise to limit investment banking risks, Karofsky is pushing forward with ambitious plans to expand the advisory and capital market business. The bank has welcomed staff from the acquired bank, with around 200 senior Credit Suisse investment bankers joining UBS.

Overall, UBS is assembling a team of top dealmakers to manage key corporate clients and expand its advisory and capital market business.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Asia
Countries	🇬🇧
Sentiment	positive
Relevance Score	1
People	Iqbal Khan, Ian Carnegie-Brown, Benjamin Cavalli, Rob Karofsky, Ros L’Esperance
Companies	UBS, None, Financial News, Barclays, Credit Suisse
Currencies	None
Securities	None