UBS Appointments, News

Neal Shear is now global head of securities at UBS Investment Bank, and will be based in Stamford.

Shear was most recently co-head of sales and trading at Morgan Stanley, equities and fixed income. He is an original founding member of the company's global commodities business.

In addition, UBS appointed Roberto Hoornweg as global head of securities distribution, and noted he will be based in London.

Hoornweg worked 17 years at Morgan Stanley where he was most recently head of global interest rates, credit and currencies.

Following these appointments, Carsten Kengeter will relinquish his additional role as joint global head of FICC. Rajeev Misra, global head of credit, and Dimitri Psyllidis, global head of macro, will take on additional responsibility as joint global heads of FICC.

Jeff Mayer will take on the new role of executive chairman of FICC. Neal, Roberto, Rajeev and Dimitri will become members of the Investment Bank Executive Committee.


About the company:

UBS is headquartered in Zurich and Basel, Switzerland. The global firm provides financial services to private, corporate and institutional clients with focus on international wealth management and the Swiss banking business alongside its global expertise in investment banking and asset management.

UBS has offices in more than 50 countries, with about 36 percent of employees working in the Americas, 36 percent in Switzerland, 15 percent in the rest of Europe and the remainder in Asia Pacific.

UBS shares are listed on the SIX Swiss Exchange, the New York Stock Exchange (NYSE) and the Tokyo Stock Exchange (TSE).

New Media Sector, UBS Investment Hires

UBS Investment Bank has hired in its communications sector, focusing on internet, interactive entertainment and related technology companies.

Brian Pitz joins as an executive director and the team leader, Brian Fitzgerald as a director, and Kaizad Gotla as an associate analyst.

Pitz most recently worked at Banc of America where he was lead analyst covering Internet/e-commerce, online advertising, and marketing companies for the past three years. Prior to that, he spent eight years at Morgan Stanley as an analyst.

Fitzgerald previously worked at Banc of America where he spent the past three years covering the Internet/mobile Internet companies. Prior to that, he spent five years at Morgan Stanley as an analyst.

Gotla also joins UBS after spending three years at Banc of America where he covered Internet/mobile Internet companies. Previously, he worked for Yahoo! in the global market research group.

UBS is headquartered in Zurich and Basel, Switzerland, and serves an international client base with wealth management, investment banking and asset management businesses. The firm has offices in more than 50 countries; shares are listed on the SIX Swiss Exchange, the New York Stock Exchange (NYSE) and the Tokyo Stock Exchange (TSE).