UBS AG has lost 10 private bankers to its rival, Rothschild Bang AG Zurich, according to reports from Forbes. The bankers will report to Thomas Pixner, head of Rothschild’s German-speaking Europe and Central and Eastern European division.
The recruitment follows the appointment of 2 teams that were hired from Credit Suisse Group unit ClaridenLeu, which is responsible for Eastern Europe and Central Asia. Another team that covers southern Europe and Latin America, was hired from BBVA SA.22:11