UBS has added two new managing directors to its team of investment bankers serving financial clients in the US, taking senior bankers from Credit Suisse and Goldman Sachs to bolster the unit.

Tannon Krumpelman and Doug Simons have both joined the Swiss bank's financial institutions group as managing directors, according to an internal memo seen by Financial News. The FIG team sits within UBS's corporate client solutions unit, which comprises advisory, equity and debt capital markets and financing.