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Stock impact report

UBS exec connected to buyout loan to exit - WSJ [Seeking Alpha]

UBS Group AG Registered Ordinary Shares (UBS) 
Company Research Source: Seeking Alpha
UBS exec connected to buyout loan to exit - WSJ - UBS Group AG (NYSE:UBS) | Seeking Alpha Financials UBS exec connected to buyout loan to exit - WSJ Apr. 24, 2019 3:56 PM ET | UBS Group AG (UBS) Liz Kiesche The manager of a senior UBS Group ( +0.6% plans to leave Wall Street Journal Francisco Pinto-Leite was global co-head of leveraged finance at the time of the deal in question and supervised James Boland, who was fired for allegedly failing to tell his managers and the bank's compliance officials that the bond that the company was underwriting had been reclassified as a loan. That distinction is important because as a loan, the transaction in subject to more regulatory scrutiny. The reason why Pinto-Leite is leaving is unclear. One person the Previously: UBS fires investment banker over buyout loan: WSJ Click to subscribe to real-time analytics on UBS Now read: Credit Suisse Group AG 2019 Q1 - Results - Earnings Call Slides » Subscribe Show less Read more
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