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Swiss banking group to hire senior staff in the Nordics

UBS wants to expand its presence in the Nordic region and plans to hire more bankers.

Photo: Alessandro Della Bella

Swiss bank UBS plans to hire more senior bankers to boost its business in Nordic investment banking, according to Bloomberg.

John Nyholm, regional head of deals, IPOs and debt offerings, said in an interview with Bloomberg, that UBS wants to boost its business in the Nordic region by adding local deal-making clout in Norway and Denmark. Presently, the region is the investment bank's third-biggest fee pool in Europe with a 5 percent market share of Nordic mergers and acquisitions last year. UBS recently advised Norway on offloading its remaining stake in SAS AB.

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