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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.

Yassine Bouhara

UBS co-heads of Global Equities resign as shakeup continues

Posted by RJ and Makay on Oct 06, 2011

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Francois Gouws and Yassine Bouhara, the co-heads of UBS’s global equities business, resigned today from the embattled Swiss banking giant in the wake of the bank’s $2.3 billion loss from unauthorized rogue trading. UBS said the “resignations come as they assume overall responsibility for the effective management of the equities business.”