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. Last Updated: 07/27/2016

UBS Hires Ex-Lehman Chief

UBS hired former Lehman Brothers Russia chief Nick Jordan to run its operations in Moscow as competition for bankers intensifies in the country.

Jordan will replace Steven Meehan, who took over UBS’s Russian operations in March 2008 and will work alongside his replacement before “moving on to a new role,” Jordan said.

“Steven wants to do something different, and we will work together in a transition over the next few months,” Jordan said.