The exits include two Singapore-based bankers: Terence Chia, head of loan syndications, and Irene Liao, an executive director on the team, the people said. Two more junior bankers based in Hong Kong also departed the bank.
UBS Group AG cut four loan syndication bankers in Asia, according to people familiar with the matter, as elevated funding costs cast a pall over the market.
The individuals, who joined as part of the 2023 takeover of Credit Suisse, left on Monday, said the people, who asked not to be identified discussing private matters.
