For Recruiters
The safer option.

UBS finds an alternative to the MD who pulled out of its job

It's not long ago that UBS was going to hire Ashley Wilson as its head of financing.  In late July, Wilson was ready to jettison BNP Paribas, where he was running prime broking, and join UBS. By early September he'd had a change of heart and decided to stay at BNP Paribas after all. 

The unconfirmed suspicion was that Wilson was turned by a special inducement to stay.

Having been burned once, UBS seems to have gone for a safer option instead. Its new head of financing is an existing employee. 

UBS didn't respond to a request to comment, but Natalie Horton, its former global head of capital markets financing appears to have been quietly shunted into a larger role as head of financing: the precise job Wilson was going to do.

Horton's ascension reflects the fact that internal moves can be a better bet than splashy and unreliable external hires. Sources claim Horton was initially promoted on a temporary basis, suggesting UBS also got to give her a trial run.

Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters hiring for top jobs in technology and finance. 

Have a confidential story, tip, or comment you’d like to share? Contact: in the first instance. Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher)

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)



AUTHORSarah Butcher Global Editor

Apply for jobs

Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Latest Jobs
Huatai Financial Holdings (Hong Kong) Limited
Business Advisory Compliance Officer (Fintech and Wealth Management Coverage)
Huatai Financial Holdings (Hong Kong) Limited
Hong Kong
Standard Chartered Bank
Assistant Manager, Retail Analytics
Standard Chartered Bank
Hong Kong
Standard Chartered Bank
Director, International Corporates
Standard Chartered Bank
Hong Kong