Roberto Hoornweg exits UBS
Roberto Hoornweg, global co-head of fixed income, currencies and commodities (Ficc) at UBS, has resigned from the bank as it continues the high-profile restructuring of its investment bank, which will see the loss of around 10,000 jobs.
Based in London, Hoornweg reported to Carsten Kengeter, previously joint chief executive of the investment bank, who has now moved into his new role as head of legacy. Andrea Orcel is now sole chief executive of the investment banking division.
Hoornweg joined
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