UBS Group has appointed Evan Raine as its new head of media and telecom investment banking in the Americas. This strategic hire aims to increase the bank's market share in M&A deals within this sector, according to an internal memo.
Raine's appointment underscores UBS's commitment to strengthening its investment banking franchise in key industry verticals. By bringing in senior talent, the bank seeks to enhance its advisory capabilities and capture more transaction volume.
This move is part of UBS's broader strategy to expand its investment banking operations in the U.S. and leverage its global expertise. It is expected to contribute to revenue growth and competitive positioning in the media and telecom M&A space.
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