Friday 7 September 2007

Ken Costa leaves UBS

Investment banker Ken Costa has quit UBS and joined Lazard International. He worked at UBS for thirty years.

Susan Flint from Bad Moon Investments says, 'It's a smart move. I've heard that UBS aren't too keen on financial shamans and money mystics, but Lazard can't get enough. Ken knows that mystical banking is the way forward. As chairman he'll be able to make some big changes. It's going to be very interesting.'