UBS Appoints Taylor Henricks as Head of M&A in the Americas

UBS has appointed Taylor Henricks as its new Head of Mergers and Acquisitions (M&A) in the Americas, a strategic move aimed at bolstering its investment banking operations in the United States. Henricks, who previously held a similar position at Morgan Stanley, will also lead UBS's Technology M&A division. He is set to commence his new role in October, based in Menlo Park, California, and will report to Jeff Hinton, the global co-head of corporate and sponsor advisory at UBS Investment Bank.

This appointment is part of UBS's broader initiative to expand its footprint in the U.S. market, following its acquisition of Credit Suisse in 2023. The bank has been actively recruiting senior bankers across various sectors, including leveraged finance, healthcare, and technology, media, and telecommunications (TMT), to strengthen its presence in the American market.

In a memo to staff, Hinton expressed confidence in Henricks's ability to drive growth in the region. "As we continue to make long-term investments in our Americas franchise to expand our footprint, enhance our product offering, and pivot towards high growth sectors, we are confident ... ’s expertise will allow us to capture ... .

The acquisition of Credit Suisse, completed on June 12, 2023, was a significant milestone for UBS. The deal, valued at approximately $3.2 billion, was brokered by the Swiss government and financial regulators to stabilize the global banking system amid concerns over Credit Suisse's financial health. The merger created a consolidated banking group with over $5 trillion in total invested assets.

UBS's strategic expansion in the U.S. market is evident in its recent hiring spree. In addition to Henricks, the bank has brought on senior U.S. bankers in ... , and TMT sectors in recent months. It has also promoted new leaders within its financial institutions, corporate sponsors, and advisory groups.

The hiring of Henricks underscores UBS's commitment to enhancing its M&A advisory services in the Americas, particularly within the technology sector. This move is expected to increase competition among major investment banks for high-profile deals, potentially leading to more aggressive strategies to secure market share. For clients, UBS's strengthened capabilities may offer more comprehensive advisory services, especially in complex technology transactions.

As UBS continues to integrate Credit Suisse's operations and expand its U.S. presence, the appointment of seasoned professionals like Henricks is a clear indication of the bank's commitment to growth and competitiveness in the investment banking sector.