TALENT WAR

UBS wealth unit sees senior banker departures in Middle East

Among those departing are Rana Al Emam and Ali Khunji, who joined UBS from HSBC to expand the bank’s wealth management business in the Gulf

Pascal Mora/Bloomberg via Getty Images

The UBS building at Paradeplatz in Zurich

UBS has lost several senior wealth management bankers in the Middle East, less than two years after hiring them.

Among those departing the Swiss bank are Rana Al Emam and Ali Khunji, who joined UBS from HSBC Holdings...