Bloomberg – UBS AG, the largest Swiss bank, hired Stephen Pak from Credit Suisse Group AG to head a team that introduces Asian hedge funds to potential investors after losing staff to rivals and new entrants.
Pak, 38, started his job as Hong Kong-based head of regional capital introduction in UBS’s prime brokerage division on Sept. 6. He reports to Ashley Jarvis, global head of business and capital consultancy of the same unit, said Chris Cockerill, a Hong Kong-based UBS spokesman yesterday.
