The curious exit of UBS's ex-Barclays MD after less than seven months

Kevin Cullinane didn't last long at UBS. After joining in New York from Barclays last July, Cullinane's FINRA registration shows that he left again in January.

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Why? Cullinane didn't respond to a request to comment. Nor did UBS. 

Cullinane is a technology media and telecommunications (TMT) banker with a focus on software. At UBS, he was reporting to Laurence Braham, the global co-head of technology banking, who also joined from Barclays one year earlier. 

Cullinane hasn't made a habit of jumping around. Before joining UBS he spent seven years at Barclays and three years at Jefferies. It's entirely possible that Jefferies will rehire him, or Rothschild seems to be in the market for senior US bankers too. 

UBS hired over 24 bankers from Barclays in 2023 and 2024. Alongside Cullinane and Braham, it recruited the likes of Marco Valla, Jean-Francois Astier, some of Barclays' most senior bankers. 

Cullinane arrived at UBS along with William Burns from TD Cowen. Burns still seems to be there.

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