One Week As Senior UBS Execs Long Enough To Convince Guys They Don't Wanna Be Senior UBS Execs

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Brett Ersoff and John Herman, who took over the commercial-mortgage bond group at UBS AG last week after the group’s head departed for Bank of America Corp., have left the bank, said two people familiar with the moves who asked not to be identified because they haven’t been announced. Ersoff and Herman were named co-heads of real-estate finance and mortgage-backed securities after Kenneth Cohen exited to become the global head of commercial real estate at Bank of America in New York, UBS confirmed on March 28.

[Bloomberg]

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