UBS’ Senior Indonesia Wealth Banker Leaves Amid Several Exits

UBS Group AG’s senior wealth banker Lionel Yoong has left the Swiss firm, adding to several recent departures from the group covering Indonesia from Singapore.

The former Credit Suisse Group AG banker is the third market head for Indonesia to leave UBS since the start of last year, according to people with knowledge of the matter. UBS hasn’t replaced the other two who joined other firms last year, and it’s not clear why Yoong left, the people said, asking not to be named discussing personnel matters.