The joint global head of mergers and acquisitions at UBS has left to join Moelis & Company, meaning that both of the bankers promoted in March to lead the Swiss firm’s M&A division globally have now moved to rivals.

Moelis & Company announced this morning that Liam Beere had been named a managing director in Europe, the Middle East and Africa, with responsibility for deal origination and providing client advice globally. He will join on September 19 and be based in London.