Wealth Management

UBS promotes Mercier in top UK wealth role after earlier reshuffle

The Swiss bank has seen a number of departures in its UK wealth division in recent months

UBS has named veteran banker Francois-Olivier Mercier head of its UK global family and institutional wealth unit
UBS has named veteran banker Francois-Olivier Mercier head of its UK global family and institutional wealth unit Photo: lex Kraus/Getty Images

UBS has named a new head of its UK global family and institutional wealth unit following a shake up of its team in June.

Francois-Olivier Mercier has been named permanent head of the unit, having taken the role on an interim basis after a series of changes to UBS’s UK wealth team, according to a memo seen by Financial News.

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