UBS hires from Goldmans, JP Morgan for wealth unit

UBS has hired two senior individuals, who spent their early careers at the Swiss bank, to play leading roles in its wealth management operation.

René Mottas is set to become chief executive of EuropeHub, which takes in wealth management in Austria, Belgium, France, Luxembourg, Monaco, Netherlands, Russia and Spain. The UK, Italy, Germany and Switzerland are managed separately.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions