The Swiss major bank has acquired several advisory teams from Wall Street competitors in the US this year. Now, it is bringing in a veteran from the largest US bank. The US market is one of the most important growth markets for the Swiss bank UBS, as recently stated by CEO Sergio Ermotti. The financial institution is now strengthening its presence in New York with a top manager from the leading US bank.
According to informed sources, UBS has hired Tommy Rueger, a veteran from the US bank J.P. Morgan, as the global Co-Head of Equity Capital Markets. Rueger, based in New York, will share this role with Gareth McCartney. Jeff Mortara, currently McCartney’s global Co-Head of ECM, will be exploring other opportunities within or outside of UBS.
Both UBS and J.P. Morgan declined to comment on the matter when approached by Bloomberg.
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | North America |
| Countries | 🇺🇸 🇨🇠|
| Sentiment | neutral |
| Relevance Score | 1 |
| People | Sergio Ermotti, Gareth McCartney, Tommy Rueger, Jeff Mortara |
| Companies | Schweizer Grossbank UBS, UBS, US-Markt, US-Grossbank J.P. Morgan, Wall-Street-Konkurrenten |
| Currencies | US Dollar |
| Securities | None |
