The insurrection worked! Everyone just take the rest of the day off and catch up with your favorite porn sites, okay?
Continue reading »
people moves
“UBS said Francois Gouws and Yassine Bouhara resigned as co-heads of Global Equities following the recent unauthorized trading incident. Mike Stewart will become sole global head of Equities, it said.” [Bloomberg]
Apparently he and the board had a difference of opinion on how the place should be run. Continue reading »
You accidentally foreclose on a few people who shouldn’t be getting foreclosed on and all of a sudden it’s like you’re not welcome at the office anymore. Continue reading »
Eisman will clear out his desk by June 30. Continue reading »
One Notable Banker Leaves UBS, Bunch Of Untagged Ones Who Slipped Out The Back Door Before They Could Be Accounted For Follow
By Bess LevinReuters: “Senior UBS AG banker Jim Glerum and several other investment bankers have left the firm, a UBS spokesperson said on Wednesday. It was not clear exactly how many bankers have left UBS in the latest departure, or which firm they will join.”
Apparently the vice-chairman is not retiring but “pursuing opportunities outside the firm,” though it’s unclear where. [BW]
Munib Islam, Head of European equities, is rumored to have given notice. [Earlier]
Head of the Asia portfolio is said to be on the way out. Continue reading »
Richard Ruzika is leaving the nest. Continue reading »
