UBS Adds JPMorgan P.E. Banker Souza

Jul 10 2014 | 6:08am ET

UBS has poached a JPMorgan Chase banker to boost its financial sponsors effort advising private-equity funds.

John Souza will join the Swiss bank in September, The Wall Street Journal reports, citing an internal memorandum. Souza has been with JPMorgan since it acquired Bear Stearns in 2008; prior to working at Bear, Souza made stops at General Electric Commercial Finance, SG Cowen & Co. and Citigroup.

“Our financial sponsors group represents a significant segment of the global fee pool” and is a “strategic focus area” for UBS, Souza’s new boss, U.S. head of financial sponsors Matthew Stopnik, wrote in the memo.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of