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(Bloomberg) Credit Suisse’s go-to banker for Russian billionaires has been retained by UBS Group AG, in one of the highest-profile moves yet for the merged bank’s wealth management business. Babak Dastmaltschi is working at a new unit in UBS’s wealth division that regroups an elite crop of senior private bankers from both UBS and Credit Suisse who handle some of the most important client relationships, according to people familiar with the matter who didn’t want to be named discussing personnel decisions. The unit, called GWM Strategic Clients, is run by Benjamin Cavalli, another Credit Suisse import, who reports directly to the head of UBS’s global wealth unit, Iqbal Khan. UBS’s former head for the Middle East, Ali Janoudi, also joined the group as an executive chairman. Dastmaltschi will hold an executive vice chair title, the people said. Dastmaltschi did not respond to an emailed request for comment. UBS declined to comment. UBS is trying to retain many of Credit Suis

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