Ash Gulati, executive director of UBS’s UK-based prime brokerage & equity derivatives legal team, will join the London office of Akin Gump as senior counsel.
Matthew French, head of UBS’s distressed investment team, will leave after less than a year, to join the Nomura Group. He will work in mergers & acquisitions.
The moves leave 70 lawyers at UBS’s City of London legal team.
UBS AG is a diversified global financial services company, with its main headquarters in Basel and Zürich, Switzerland. It is the world’s largest manager of private wealth assets.