Business
Old dogs, old tricks as UBS pilots Sydney Airport – The Australian Financial Review
Just when the Swiss bank’s rivals thought UBS Australia was all but down and out, it has pulled a capital-markets Harry Houdini.
Grounds was in cahoots with Magellan Financial Group’s Hamish Douglass and some other high-powered backers, and the team had job offers flying around the market and inside UBS.
Come Tuesday, Grounds and his right-hand man Guy Fowler (former second in charge at UBS) were advising Sydney Airport for Adara Partners – the boutique shop where Grounds, Fowler and a host of other bigwigs donate their time and advice and pass the fees to charity.
Sydney Airport’s board decided they wanted to raise via…
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