Capital Markets: Agenda - Rick Leaman - After Growing Through Acquisition, Europe's UBS Investment Bank Decided That To Make Its Mark In The Tough US Market, It Had To Beef Up Its M&A Practice. Rick Leaman, Co-head Of Global M&A, Talks To Sophie Roell Abo.

Banker, The, December, 2004

UBS has been around a little too long to fit easily into the role of new kid on the block. But, according to Rick Leaman, co-head of global mergers and acquisitions at UBS Investment Bank, that is exactly the stage its US M&A business is at. "With respect to M&A in the US we are a relatively young firm," he says.

Mr Leaman is fresh from a good week in which the bank did 12 deals globally: four each in Asia, the US and Europe, he reports. But he is far from complacent, saying: "We have done well and we are proud of our accomplishments but we have a long way to go."

Current plans are still based on the decisions made in 2001, when the acquisition of PaineWebber ended the Swiss bank's investment banking buying splurge. As UBS forged a plan on how to...

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