UBS Names Barclays Exec Hinton Co-Head of M&A in Unit Shake-Up

TLDR:

UBS has named Jeff Hinton as the global co-head of M&A as part of its effort to reshape its investment bank after acquiring Credit Suisse.

UBS has announced the appointment of Jeff Hinton as global co-head of M&A, according to an internal memo seen by Financial News. Hinton, a former executive at Barclays, will work alongside Nestor Paz-Galindo in leading the M&A division globally. This move comes as UBS continues to reshape its investment bank following its acquisition of rival Credit Suisse and the hiring of senior dealmakers from other banks.

“UBS has been actively seeking to bolster its investment banking division and expand its M&A capabilities,” said Javier Oficialdegui and Marco Valla, co-leaders of UBS’s investment banking business globally. “We believe that the appointment of Jeff Hinton will help drive our growth strategy and further strengthen our presence in the M&A market.”

Hinton brings significant experience in M&A, having previously worked at Barclays where he held senior positions in the bank’s M&A division. He is known for his expertise in cross-border transactions and has a strong track record of success in the industry. His appointment reflects UBS’s commitment to building a top-tier M&A team.

UBS’s acquisition of Credit Suisse has prompted a series of leadership changes within the investment bank. The bank has been focused on strengthening its M&A division and positioning itself as a leading player in the market. The addition of Hinton to the team is seen as a significant step towards achieving this goal.

The news of Hinton’s appointment comes at a time when UBS is making aggressive moves to expand its presence in the investment banking sector. The bank has been actively hiring senior dealmakers from other firms in an effort to build a strong team of professionals with deep industry knowledge and expertise.

UBS is determined to capitalize on the current market conditions and take advantage of the increasing demand for M&A services. The bank sees M&A as a key growth area and believes that it can leverage its existing client base and global network to generate substantial revenue in this space.

The appointment of Hinton as global co-head of M&A is expected to further strengthen UBS’s position in the market and enhance its ability to deliver exceptional M&A advisory services to its clients. With his extensive experience and proven track record, Hinton is well-equipped to drive the growth and success of UBS’s M&A division.