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Report: Finance chief of UBS APAC division may move to Swiss rival

The CFO of UBS Group AG's Singapore-based Asia-Pacific division,Dagmar Maria Kamber Borens, will leave the bank, Finews.ch reported May 4. AUBS spokesperson confirmed the news.

Borens reportedly could be in line to become COO ofCredit Suisse GroupAG's Swiss universal bank, a position currently held by MichaelSager.