UBS has appointed Adrian Boehler as the Global Head of Macro
Sales. Previously, Boehler served as the Global Head of FX Distribution at UBS
since 2019. Before joining the company, he spent seven years at BNP Paribas, serving as
the Co-Head of FXLM and Commodity Derivatives.
Additionally, Boehler held the role of the Global Head of FXLM
Sales and the Global Head of Institutional FXLM Sales at BNP Paribas. Prior to
his tenure at BNP Paribas, he held significant roles at HSBC and
Goldman Sachs.
As UBS’ integration with Credit Suisse continues,
another prominent figure recently departed from the Swiss investment bank, the Wall Street Journal reported. David Klein, who held the position of the Global Head of Private
Funds at Credit Suisse, moved to TWG.
David Klein’s departure marked yet another significant
loss for Credit Suisse after its acquisition by UBS. Klein’s new role at TWG
involves managing investments for Mark Walter’s diverse portfolio. He will be tasked with raising funds for TWG’s
investments across various sectors, including financial services, renewable
energy, sports, media and entertainment, art, eco-tourism, and agriculture.
Since UBS completed its takeover of Credit Suisse, a
wave of departures has swept through the latter’s ranks. The integration
process has seen many high-level executives and private equity bankers seeking
opportunities elsewhere, largely unaffected by the bank’s recent troubles.
Post-Acquisition Changes
The merger between UBS and Credit Suisse marked the
end of Credit Suisse’s 167 years of independence. This action followed a series of scandals, including aiding tax evasion and a significant trading loss related
to Archegos Capital Management.
Last year, UBS concluded its acquisition of Credit
Suisse, culminating in creating a financial entity boasting a balance sheet
worth $1.6 trillion and assets totaling $5 trillion. In an open letter published in Swiss newspapers, UBS’s
CEO, Sergio Ermotti, and the Chairman, Colm Kelleher, described the merger as the
dawn of a new era.
They emphasized the synergies between UBS and Credit
Suisse, aiming to leverage their combined expertise, scale, and leadership in
wealth management to forge a stronger, more resilient entity.
UBS has appointed Adrian Boehler as the Global Head of Macro
Sales. Previously, Boehler served as the Global Head of FX Distribution at UBS
since 2019. Before joining the company, he spent seven years at BNP Paribas, serving as
the Co-Head of FXLM and Commodity Derivatives.
Additionally, Boehler held the role of the Global Head of FXLM
Sales and the Global Head of Institutional FXLM Sales at BNP Paribas. Prior to
his tenure at BNP Paribas, he held significant roles at HSBC and
Goldman Sachs.
As UBS’ integration with Credit Suisse continues,
another prominent figure recently departed from the Swiss investment bank, the Wall Street Journal reported. David Klein, who held the position of the Global Head of Private
Funds at Credit Suisse, moved to TWG.
David Klein’s departure marked yet another significant
loss for Credit Suisse after its acquisition by UBS. Klein’s new role at TWG
involves managing investments for Mark Walter’s diverse portfolio. He will be tasked with raising funds for TWG’s
investments across various sectors, including financial services, renewable
energy, sports, media and entertainment, art, eco-tourism, and agriculture.
Since UBS completed its takeover of Credit Suisse, a
wave of departures has swept through the latter’s ranks. The integration
process has seen many high-level executives and private equity bankers seeking
opportunities elsewhere, largely unaffected by the bank’s recent troubles.
Post-Acquisition Changes
The merger between UBS and Credit Suisse marked the
end of Credit Suisse’s 167 years of independence. This action followed a series of scandals, including aiding tax evasion and a significant trading loss related
to Archegos Capital Management.
Last year, UBS concluded its acquisition of Credit
Suisse, culminating in creating a financial entity boasting a balance sheet
worth $1.6 trillion and assets totaling $5 trillion. In an open letter published in Swiss newspapers, UBS’s
CEO, Sergio Ermotti, and the Chairman, Colm Kelleher, described the merger as the
dawn of a new era.
They emphasized the synergies between UBS and Credit
Suisse, aiming to leverage their combined expertise, scale, and leadership in
wealth management to forge a stronger, more resilient entity.
