British-Lebanese banker now executive vice-chairman of Swiss Bank UBS

British-Lebanese banker Paul Raphael is now an executive vice-chairman of the Swiss multinational investment bank UBS, a source told finews.asia.

According to the website, UBS said it was discussing options to terminate Raphael earlier in the year but he made a comeback. He will now be Head of Europe and Emerging Markets for the company.

The 56-year-old banker is fluent in Arabic, French, Portuguese, and Spanish and English. Raphael received a bachelors in Economics from the University of Maryland and a Master of Science in Management from the MIT Sloan School of Management.

Raphael is now the head of Head of Europe and Emerging Markets at UBS Wealth Management (finews.com) — The latest move marks a dramatic shift from news reported earlier this year (finews.com)

Paul Raphael previously served as a managing director for Credit Suisse and Merill Lynch. His experiences include Chairman of Central Europe, Middle East and Africa & Head of IBD for the Asia-Pacific Region.

A spokesman for UBS did not confirm or comment on the story.