Investment Banking

UBS’s chair of Swiss investment banking departs amid wider lay-offs

Philippe Pillonel, who joined UBS in 2013, will depart this month

The chair of investment banking in UBS’s home market is leaving the Swiss bank as it continues a shake-up of senior roles at the division.

Philippe Pillonel, who joined UBS in 2013, will depart this month, according to people familiar with the matter.

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