UBS hires JPMorgan man to oversee EMEA M&A

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UBS hired Severin Brizay from JPMorgan to oversee its mergers and acquisitions team in Europe, the Middle East and Africa as the bank overhauls management of the business.

Bloomberg News reports that Brizay spent 14 years working on deals at JPMorgan from London and Paris, according to an employee. His hire follows James Hartop’s decision to work directly with clients and step back from management after three years leading coverage and advisory in corporate-client solutions in the region, according to the memo written by William Vereker, head of corporate-client solutions in Europe.

Brizay will report to Vereker and build the deals business in the region, working closely with the bank’s global head of M&A, Piero Novelli, according to the memo. Its contents were confirmed by a company spokeswoman.

In the meantime, Bloomberg also reports that Sharlyn Wu, the UBS banker who was put on leave in Hong Kong this year amid an internal probe into hiring practices, is leaving the Swiss bank, a person with knowledge of the matter said.

The person asked not to be named because the matter is confidential.

UBS Hires Brizay From JPMorgan as Head of M&A in EMEA 

UBS Hong Kong Banker Sharlyn Wu Is Said to Leave Company

 

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