Following a senior move as exclusively reported by this news service in June, UBS has filled a vacancy caused by the change. The bank has also appointed an ex-Barclays figure.

The UK team at the UBS global wealth management (GWM) business has appointed former Barclays figure David Stone as a client advisor, and François-Olivier Mercier as head of global family and institutional wealth (GFIW) UK, according to a memo seen by WealthBriefing.

Mercier had held the position since 12 June after Michael Frey – as exclusively reported by WealthBriefing – was promoted to head for high net worth business in the UK. 

Throughout his career at UBS, Mercier has served in several positions and continued most recently as team lead, global family and institutional wealth, UK. His experience includes roles in global markets, equity capital management (ECM) block trades, and head of the Europe, Middle East and Africa ECM syndicate within the investment bank for UBS, before he joined global wealth management in 2023. 
 
In May, UBS appointed appointed Bradley Russell as head of Manchester and the NorthWest.