Andrea Orcel today unveiled his leadership team for the revamped investment bank at UBS, a restructure that will see David Soanes take on the top role in Europe and Simon Warshaw step down from the unit's executive committee to focus on clients.

Orcel, chief executive of UBS's investment bank, sent out a memo to staff this morning detailing the management line-up for the division's two new principle divisions: corporate client solutions and investor client services.