UBS BB Hires Santander Banker Aguiar to Lead South America M&A

UBS BB Investment Bank is hiring Pedro Aguiar, formerly at Banco Santander SA, as head of its merger and acquisition advisory business for South America, according to people with knowledge of the matter.

Aguiar will start in August and report to Anderson Brito, head of investment banking for UBS BB, said one of the people, all of whom asked not to be identified discussing private information. The firm is a partnership between UBS Group AG and Banco do Brasil SA in South America.

A representative for UBS BB declined to comment, while a representative for Santander didn’t immediately ...