By Andrei Skvarsky.
UBS, Switzerland’s largest bank, has hired Anush Simonian from rival Swiss lender Credit Suisse as its investment banking chief in Russia.
Simonian replaces Antanas Petrosius, who remains deputy head for Russia and who also comes from Credit Suisse, having joined UBS in June last year. He will focus on key clients, according to Bloomberg.
Simonian had worked as a senior manager at Merrill Lynch for two and a half years before moving over to Credit Suisse in November 2009.
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