In investment banking, UBS no longer seeks to be all things to everyone, choosing instead to concentrate on parts of the market where it can outperform. One of these areas is European mergers and acquisitions (M&As) where, by end-November, it was among 2020’s top five advisers and number one among Europe-based banks.
“We have been gaining market share for the past three years,” says Nestor Paz-Galindo, UBS global co-head of M&A, noting that the bank’s strategy in this area has been paying off.
