UBS hires banker Kelvin Quezada from Barclays to bolster M&A

By Sabrina Valle

NEW YORK (Reuters) – Kelvin Quezada is set to join UBS as managing director in the Unified Global Banking (UGB) Americas team after nearly two decades at Barclays, according to a memo seen by Reuters.

The addition of Quezada, who will be based in New York, is part of a broader effort by UBS to strengthen its investment banking team by combining expertise in mergers and acquisitions and financial sponsor coverage.

Quezada spent the last 17 years at Barclays, most recently as an M&A managing director. Prior to that, he was a banker in the financial sponsor coverage group.

He brings expertise on exclusive sales, tailored transactions in which a potential buyer is identified and approached for targeted negotiations.

In his new position at UBS, Quezada will collaborate closely with the coverage team, M&A, industry coverage teams and financial advisors.

The UGB team he will lead is dedicated to servicing the corporate finance needs of companies that have a global wealth management link.

UBS has also recently added three bankers to its New York team: Mario Saravia, formerly part of the Financial Institutions Group within Global Banking; Matthew Talley, formerly part of the Mergers & Acquisitions Group within Global Banking; and Pedro Gonzalez, formerly an Investment Banking Associate Director at MACA Advisors LLC, to UGB Americas.

A UBS spokesperson confirmed the contents of the memo.

(Reporting by Sabrina Valle; Editing by Daniel Wallis)