According to UBSs head of research, Michael Oertli, his new hire will focus on a top-down approach to the regions banks and looks forward to be involved on primary market and M&A business. For starters, he will focus on a few big banks, which presumably means HSBC and DBS.
Wadle brings a somewhat unique perspective having both worked as an analyst and a corporate financier. He worked in JP Morgans Hong Kong corporate finance team.
Says Oertli: John wants to come back to Asia, as he sees lots of action here. He see there being a great variety of challenges and a lot of work related to bank restructurings.Wadle is Oertlis second high profile hire this month. Previously, he lured top-ranked utilities analyst, Alice Hui from Prudential Securities.