UBS Investment Bank has hired three analysts for US equities research. Janet Pegg and Heather Wolf have joined US equities research as managing directors and Erika Penala as a director. Ms. Wolf will be the head of a financials team covering large cap banks and Ms. Penala will cover mid-and-small-cap banks, reporting to Ms Wolf. Both Ms. Pegg and Ms. Wolf will be based in New York and will report to David Bleustein, head of US equities research.

Ms. Pegg joins UBS from Encima Global, where she was an accounting and tax analyst. Ms. Wolf joins from Banc of America Securities-Merrill Lynch, where she was an analyst for the past five years covering US large, mid and small-cap banks. Ms Penala spent the last three and a half years working as an analyst in the US mid and small-cap Banks space at Banc of America Securities-Merrill Lynch.

Mr. Bleustein said: “UBS is proud to offer our clients the differentiated research they need across a broad coverage universe. Janet, Heather and the new Financials team bring significant knowledge and experience in their respective fields, and we look forward to their contributions both to their sectors and to our overall research offering.”

Headquartered in Zurich and Basel, Switzerland, UBS equities research covers more than 3,300 companies globally.