Former senior UBS investment banker dies following earlier cancer diagnosis


Sad to report.

Steven Sun, who headed investment banking for Asia financial institutions at UBS and helped the company with its role in the $11.2bn Bank of China stock sale, has died. He was 58.

Bloomberg News reports that he died January 2 in San Francisco, according to a colleague who asked not to be identified. He had been diagnosed with cancer.

Sun, who served as UBS’s Hong Kong-based chairman of the financial institutions group for investment banking in the region, retired in July for personal reasons. He had rejoined the bank in 2013 after four years of working in similar roles at Standard Chartered and Barclays.

During his first stint at UBS, from 1999 until 2009, Sun served as co-head of the Asian financial institutions group and helped arrange the Bank of China share sale, then the world’s fourth-largest initial public offering.

To access the complete Bloomberg News article hit the link below:

Steven Sun, Who Helped UBS on Bank of China IPO, Dies at 58

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