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UBS executive Kengeter to exit bank -internal memo

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(Globalpost/GlobalPost)
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Feb 12 (Reuters) - Carsten Kengeter, head of UBS's non-core portfolio and former chief of the investment bank, is set to leave, according to an internal memo seen by Reuters.

Sam Molinaro will head the Swiss bank's non-core and legacy portfolio, with immediate effect, according to the memo.

A spokesman for the company confirmed contents of the memo.

http://www.globalpost.com/dispatch/news/thomson-reuters/130213/ubs-executive-kengeter-exit-bank-internal-memo

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