Investment Banking

UBS names new investment bank leaders in major shake-up of upper ranks 

Marco Valla takes charge of global banking as part of a broader reshuffle at the Swiss bank

The changes to regional leadership have seen the elevation of a core group of dealmakers at UBS
The changes to regional leadership have seen the elevation of a core group of dealmakers at UBS Photo: Mike Kemp/Getty Images

UBS has handed investment bank co-president Marco Valla the reins of its dealmaking unit as part of a broader shake-up of its senior ranks.

Valla will take over responsibility for UBS’s global banking business from its current head Javier Oficialdegui, who is stepping down from the role, according to a memo seen by Financial News.

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