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UBS Investment Bank Hires Bora Sila as Managing Director and Head of Americas Retail Banking.


NEW YORK -- UBS Investment Bank today announced that Bora Sila will join its Investment Banking Department (IBD IBD
abbr.
inflammatory bowel disease


Inflammatory bowel disease (IBD)
Disease in which the lining of the intestine becomes inflamed.

Mentioned in: Amebiasis


IBD

1.
) as Managing Director and Head of Americas Retail Coverage within the firm's Global Consumer Products and Retail Group. Sila will report to Guy Phillips, Global Head of Consumer Products and Retail Group, and will be based in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
.

In his new role, Sila will be responsible for banking coverage for all retail clients in the Americas. He joins UBS after 19 years at Citigroup where he held a number of senior positions in investment banking focusing on retail clients, most recently as co-head of the retail investment banking practice. Sila began his career at Goldman Sachs in equity research.

"Even in today's volatile markets, we are seeing an increasing level of deal activity among retail companies, whether in M&A, capital raisings or restructurings," said Phillips. "Bora's depth of relationships, ability to manage complex transactions and significant industry knowledge gained from nearly two decades covering retail companies will be of great benefit to our clients as they look to UBS for superior advice and execution."

Sila holds a BA from the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli.

http://upenn.edu/.

Address: Philadelphia, PA, USA.
 and an MBA from Columbia Business School Columbia Business School (part of Columbia University), officially named the Columbia University Graduate School of Business, and also known as CBS, was established in 1916 to provide business training and professional preparation for undergraduate and graduate .

Headquartered in Zurich and Basel, Switzerland, UBS is one of the world's leading financial firms. It serves a discerning, international client base with its wealth management, investment banking and asset management businesses. In Switzerland, UBS is the market leader in retail and commercial banking.

UBS is present in all major financial centers worldwide. It has offices in over 50 countries, with about 38% of its employees working in the Americas, 34% in Switzerland, 15% in the rest of Europe and 13% in Asia Pacific. UBS employs more than 75,000 people around the world. Its shares are listed on the SIX Swiss Exchange, the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 (NYSE NYSE

See: New York Stock Exchange
) and the Tokyo Stock Exchange Tokyo Stock Exchange

Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai.
 (TSE).
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Comment:UBS Investment Bank Hires Bora Sila as Managing Director and Head of Americas Retail Banking.
Publication:Business Wire
Geographic Code:1U2NY
Date:Sep 15, 2009
Words:315
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