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Trading Places: UBS, Proskauer, Jain Global on the march

Find out who is on the move in the City and beyond this week

Trading Places: UBS, Proskauer, Jain Global on the march

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UBS promoted a senior dealmaker to lead its investment banking unit in Europe as it continues to reshape its senior team. The Swiss bank named Nestor Paz-Galindo as head of global banking for Europe, the Middle East and Africa, according to a memo seen by Financial News. Paz-Galindo retains his role as global co-head of M&A.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire