PEOPLE MOVES: UBS, Merrill Doors Revolve

PEOPLE MOVES: UBS, Merrill Doors Revolve

Equity

Departures from UBS and Bank of America Merrill-Lynch continued into August, as the post-crisis rebalancing at investment banks extended. UBS’s New York-based ECM banker Enrique Corredor has jumped ship, and according to market rumors, he may land at BTG.  Meanwhile, a team of four traders and two sales executives in UBS’s LatAm fixed-income currencies and commodities group decamped for Morgan Stanley. On the trading side, head EM trader Meno Stroemer left, joined by Al Chinappi, Drew White and Elias Abud. In sales and trading, Mike Robinson, executive director, and Andy Schlesinger, director, also went to Morgan Stanley, which in May hired six UBS private bankers.Howe

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