UBS promotes SPAC head to co-lead U.S. equity capital markets business: memo

FILE PHOTO: The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland June 22, 2020. REUTERS/Arnd Wiegmannhas elevated the head of its special purpose acquisition company practice, Jeff Mortara, to co-lead its equity capital markets business for the Americas, the investment bank said in internal memo seen by Reuters.

Mortara’s promotion underscores the growing popularity of SPACs, as well as their importance to UBS’s ECM franchise. SPACs have raised a record $59.2 billion through IPOs in 2020, up from $13.6 billion in 2019 which had been the previous record year, SPAC Research data showed., where he helped initiate its SPAC business in 2004.

R, ;)

This is just so stupid. But his followers find this kind of bullshit enchanting!

Is this a joke?

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US election 'blue wave' will create a stock picker's market: Ronald Temple - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. One nation, one plan? Wow...that's seen in communist countries 😳 this isn't funny anymore!
Source: BusinessInsider - 🏆 729. / 51 Read more »