Investment Banking

UBS shakes up investment bank leaders in financial sponsors push

The Swiss bank has hired a top dealmaker from Barclays, while senior bankers have taken on new roles

UBS has elevated senior bankers as part of a raft of changes
UBS has elevated senior bankers as part of a raft of changes Photo: FABRICE COFFRINI/Getty Images

UBS has hired a top Barclays dealmaker as part of a raft of senior changes within its investment bank that will see it double down on leveraged finance and financial sponsors coverage.

In the latest senior changes at the Swiss bank, Peter Toal is joining UBS from Barclays as global head of leveraged and debt capital markets, according to a memo seen by Financial News and confirmed by a bank spokesman.

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