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UBS Investment Bank Hires James Paris as Managing Director in Leveraged Finance

New York Media Releases Americas

UBS Investment Bank announced today that James Paris will join the firm's Leveraged Finance Group as a Managing Director. Paris will be based in New York and report to Steven Smith, Global Head of Leveraged Finance and Americas Head of Financial Sponsors.

"As debt markets have begun to normalize, we are seeing a growing pipeline of leveraged deals, and we expect that pace to quicken as we move through 2010," said Smith. "James possesses both a deep experience in leveraged finance and a strong ability to advise on and execute even the most complex transactions for clients. I am delighted he is joining UBS."

Paris, 39, was previously a Managing Director in Leveraged Finance at Deutsche Bank in New York. Before moving to New York to focus exclusively on Leveraged Finance, he spent three years in Chicago in Deutsche Bank's Leveraged Finance group and covering the Midwest Financial Sponsor community. Most recently, Paris was a Managing Director and Head of the Paper and Packaging Group at Barclays Capital. Early in his career, Paris worked as an attorney at Cravath Swaine & Moore.

Paris holds a BS in Finance from Indiana University and a JD from Harvard Law School.

Headquartered in Zurich and Basel, Switzerland, UBS is a global firm providing financial services to private, corporate and institutional clients. Its strategy is to focus on international wealth management and the Swiss banking business alongside its global expertise in investment banking and asset management. In Switzerland, UBS is the leading bank for individual and corporate clients.

UBS is present in all major financial centers worldwide. It has offices in over 50 countries, with about 36% of its employees working in the Americas, 36% in Switzerland, 15% in the rest of Europe and 13% in Asia Pacific. UBS employs more than 65,000 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).