Breakfast at Number 10 is good for the banking career. The UBS man at the recent Downing Street summit David Soanes has been given overall responsibility for a new global capital markets group in Europe, the Middle East and Africa, combining equity and debt capital markets. He continues as co-head of the financial institutions coverage group, with Jamie Robinson . Mr Soanes joined the bank as a graduate trainee in 1991 and rose through the debt ranks.

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