. Many Credit Suisse bankers are based in the United States.
UBS has hired Laurence Braham, Richard Hardegree, Richard Casavechia, Ozzie Ramos, Jason Williams, Neil Meyer and Ken Tittle from Barclays, the sources said. These bankers follow Barclays ex-colleagues Marco Valla, Jeff Hinton and Kurt Anthony, whose moves to UBS were announced in April. The sources requested anonymity to discuss confidential personnel matters. Barclays did not immediately respond to a request for comment, while UBS declined to comment.
UBS and Credit Suisse, neighbors in their hometown of Zurich, competed head-to-head over decades for mergers and initial public offerings across the world.that UBS plans to retain only a small number of Credit Suisse senior bankers with strong client relationships. Credit Suisse was planning to spin off its investment banking operations into a standalone business with veteran dealmaker Michael Klein at the helm. UBS vetoed that planAt Barclays, Braham was global chair of investment banking for technology, while Hardegree served as vice chair and head of technology M&A.
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