Barclays’s Stephenson Leaves for UBS as Departures Mount
This article is for subscribers only.
Barclays Plc investment-banking Chairman Ros Stephenson is joining UBS AG, becoming the latest senior executive to leave the U.K.’s second-largest lender amid a reorganization of the securities business.
Stephenson, 52, will become UBS’s global chairman of corporate client solutions and be based in New York, reporting to investment bank head Andrea Orcel, the Swiss lender said yesterday in a statement. Stephenson will join the executive committees of the investment bank and the Americas in September.