UBS Veteran David Soanes to Leave Bank at End of the Year (1)

David Soanes, one of UBS AG’s most senior UK dealmakers, is set to leave the bank after more than three decades.

London-based Soanes will depart at the end of the year, according to an internal memo seen by Bloomberg News. A representative for UBS confirmed the contents of the memo.

Soanes departure will bring an end to a long career at UBS that began in 1991 when he joined the Swiss bank as a graduate trainee. In the decades that followed, he rose to occupy senior roles within the group’s investment banking business, including global head of debt ...