[UBS appoints head of M & An in Southeast Asia] UBS appointed Christian Christian Wolf as head of M & An in Southeast Asia, according to an internal memorandum confirmed by UBS. According to the memo, Wolf will continue to lead the departmental team of global industrial groups in Southeast Asia until a replacement is found. Earlier, UBS Chief Executive Ann Sijie warned at an event in Bern that painful layoffs would be made after completing the takeover of Credit Suisse, which he said he hoped to be formally confirmed in the next few days. Ansijie said it hopes to complete the acquisition of Credit Suisse in the next few days, and UBS has received approval from more than 170 regulators. (Bloomberg)