Bloody Monday, they called it, in the Australian banking industry and press.
On Monday, UBS – already weakened by an exodus of senior staff to upstarts Jarden and Barrenjoey – was hit by a new wave of departures, this time mainly on the research side.
Heading for the out-door, and apparently the Barrenjoey in-door: Josh Kannourakis, co-head of the emerging companies research team; analysts Jon Mott, Glyn Lawcock and Matt Ryan, Aryan Norozi, Dan Morgan and Minh Pham; and associate director of research Craig Stafford.
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