UBS’s Cremoux to Head Latin America Investment Banking

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UBS AG, Switzerland’s largest bank, named Gerard Cremoux head of investment banking for Latin America, according to a memo to employees today.

Cremoux, 41, will relocate to UBS’s Sao Paulo office from New York and oversee expansion of the firm’s Latin America business, Aryeh Bourkoff, head of investment banking for the Americas, said in the memo. A copy of the note was obtained by Bloomberg News and the contents were confirmed by Christiaan Brakman, a spokesman for the Zurich-based lender.