UBS, the bank created by the June merger of Union Bank of Switzerland and Swiss Bank Corp., appointed a recent recruit as a deputy head of domestic private banking.

Ray Soudah, formerly chief financial investment officer of Cedel Bank, Luxembourg, joined UBS in May. His job, to which he was officially named this month, entails oversight of business development for private banking in the Americas and the Asia-Pacific region. Mr. Soudah will be based in London.

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