UBS said on Tuesday it hired Michael Ostow from Morgan Stanley as a managing director and head of North American insurance coverage.
Ostow will be based in New York and report to Gary Howe and Halle Benett, Americas co-heads of UBS’ financial institutions group.
At Morgan Stanley, Ostow was co-head of the firm’s North American insurance group within its FIG practice. Prior to that he was a managing director in the FIG practice at Credit Suisse, where he covered insurance companies.
