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UBS unveils eight MD hires across tech, media and telecoms dealmaking

The Swiss bank is aiming for more market share in these sectors

UBS has been hiring dealmakers in the US, as rivals have swooped on many former Credit Suisse bankers
UBS has been hiring dealmakers in the US, as rivals have swooped on many former Credit Suisse bankers Photo: Fabrice COFFRINI / AFP

UBS has added eight managing directors to its technology, media and telecoms team in recent months as the Swiss bank has bolstered its dealmaking unit despite taking on Credit Suisse staff.

Former Barclays banker Alejandro Palacio has joined its technology team, according to a memo seen by Financial News, the latest hire of six senior dealmakers in the sector flagged by UBS’s top team as an area of expansion in the aftermath of its Credit Suisse acquisition.

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