analyst Glenn Schorr reportedly has changed his mind about resigning to join
According to the
Wall Street Journal
, Schorr, who covers brokerage firms and asset managers, will be staying at UBS after negotiating a deal, citing people familiar with the matter.
Matthew O'Connor, another former UBS analyst who covers bank stocks, moved to Deutsche Bank earlier this year. Veteran bank analyst Mike Mayo left his position at Deutsche Bank in order to join CLSA.
reported that former
analyst William Tanona, who also covered the large banks, had been hired at a London boutique firm Collins Stewart.