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UBS names US head for complex equities group

The Swiss bank has been shrinking investment-banking footprint, while bulking up parts of its equity underwriting business, especially in the US

UBS has named a new head of its US group that works on complex stock financings and investments for companies and wealthy individuals.

Alan Rifkin, who joins from Citigroup will run the Americas unit of its Strategic Equity Solutions Group from New York starting in May, according to an internal memo.

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