UBS to Hire 20 Managing Directors to Boost Investment Bank

  • New investment bank strategy is focused on four core areas
  • Plans to focus on specific sectors rather than broader market

An illuminated sign hangs above the entrance to the UBS Group AG headquarters in Zurich.

Photographer: Michele Limina/Bloomberg
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UBS Group AG plans to bolster the most senior ranks of its investment bank to drive growth of coverage areas where it’s seeking to be more competitive.