UBS co-head of Asia investment banking leaves

David Chin has stepped down from his position as co-head of Asia investment banking and is leaving UBS after 21 years with the Swiss bank, according to a memo seen by FinanceAsia.

The memo said Chin had told UBS he wished to retire later this year. Going forward, Matt Hanning, head of investment banking across Asia Pacific, will take over key responsibilities such as chairing UBS's China management committee with governance over both UBS’s domestic and international China business. 

Chin joined the firm as an associate with SG Warburg in London in 1994, and moved to the Hong Kong...