Tuesday, July 10, 2007

UBS aiming for top five U.S. M&A ranking - report

(Reuters) - Alex Wilmot-Sitwell, the bank's other joint global head of
investment banking, noted UBS had not been involved in "jumbo
deals" like TXU Corp.'s $32 billion buyout by a private
equity group led by Kohlberg Kravis Roberts & Co. [KKR.UL].




"In order to change our positioning in this market ... we
have to bank the large clients," Wilmot-Sitwell told the
newspaper.


Read more at Reuters.com Mergers News

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