HONG KONG: Swiss bank UBS AG has hired Aashish Kamat, a former J P Morgan Chase & Co banker , as chairman of financial institutions coverage for the investment bank for Asia-Pacific, according to an internal memo seen by Reuters on Wednesday.
"Aashish will work with all business divisions of the Investment Bank in the Asia-Pacific ... to provide advice and solutions to our FIG (financial institutions groups) clients to address the challenges that they face in light of all these changes," the memo added.
Kamat would report to UBS Asia-Pacific co-CEOs Alex Wilmot-Sitwell and Chi-Won Yoon, the memo added.
"Aashish will work with all business divisions of the Investment Bank in the Asia-Pacific ... to provide advice and solutions to our FIG (financial institutions groups) clients to address the challenges that they face in light of all these changes," the memo added.
Kamat would report to UBS Asia-Pacific co-CEOs Alex Wilmot-Sitwell and Chi-Won Yoon, the memo added.
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