Maurice Marchesini and Sean Minnihan have joined UBS Investment Bank as managing directors in the firm’s financial institutions group. Marchesini will be based in Los Angeles, and previously was with Morgan Stanley as head of financial services I-banking for the Western U.S. Minnihan will be based in New York, and previously was with Banc of America Securities, as head of its financial tech and security group.
UBS Investment Bank today announced that Maurice Marchesini and Sean Minnihan will join its Investment Banking Department (IBD) as Managing Directors in its Financial Institutions Group (FIG). They will report to Gary Howe and Halle Benett, Americas Co-Heads of FIG.
“Financial institutions are under intense pressure, facing complex challenges that require specialized, nuanced advice and flawless execution,” said Rick Leaman, Joint Global Head of UBS’s Investment Banking Department. “UBS’s leading FIG practice has been extremely active in helping our clients navigate the challenges of today’s changing financial world. We are pleased that the strength of our franchise continues to attract top talent like Sean and Maurice.”
Marchesini, 45, will be based in Los Angeles and cover a range of Midwest and West Coast bank clients. He joins from Morgan Stanley where he was most recently Head of Financial Services Investment Banking for the Western US region. Previously, he was head of Latin America investment banking at Merrill Lynch, where he also had client coverage responsibilities for US and Latin American financial institutions. Prior to joining Merrill Lynch, he worked in the FIG group at Salomon Brothers. He holds a BBA in finance from Cleveland State University and an MBA from Case Western Reserve University.
Minnihan, 40, will be based in New York and cover financial technology and capital markets clients. He was previously with Banc of America Securities, where he was Head of the Financial Technology and Securities Group. Prior to joining Banc of America, he was a Vice President in the Financial Institutions Group at Goldman Sachs. He began his career at Salomon Smith Barney, where he worked in the Mergers & Acquisitions and Financial Institutions groups. He holds an MA in international economics and finance and a BA in economics from Brandeis University.
“The addition of Maurice and Sean to our FIG team will help us continue our growth in all major areas of FIG both domestically and globally,” continued Leaman.
The UBS Financial Institutions Group is comprised of leading practice areas in banks, asset management, financial technology and exchanges, specialty finance, and insurance. UBS’s global FIG practice has worked on numerous high-profile transactions in capital markets and M&A advisory over the past 12 months, including roles as joint bookrunner on the US$12.6 billion common equity offering for Wells Fargo; advisor to Aegon on its €3 billion capital injection from the Dutch Government; advisor to AIG on the divestiture of its private bank; and advisor to Lloyds TSB on its acquisition of HBOS plc.
Headquartered in Zurich and Basel, Switzerland, UBS is one of the world’s leading financial firms. It serves a discerning, international client base with its wealth management, investment banking and asset management businesses. In Switzerland, UBS is the market leader in retail and commercial banking.
UBS is present in all major financial centers worldwide. It has offices in over 50 countries, with about 38% of its employees working in the Americas, 34% in Switzerland, 15% in the rest of Europe and 13% in Asia Pacific. UBS employs more than 75,000 people around the world. Its shares are listed on the SIX Swiss Exchange, the New York Stock Exchange (NYSE) and the Tokyo Stock Exchange (TSE).