Διευθύνων Σύμβουλος, UBS

  • George is a Managing Director and member of the Financial Institutions Group (FIG) at UBS’s Investment Bank, based in London.
  • He is responsible for the FIG franchise of UBS in Greece, Cyprus and the broader CEE region, including Poland. George is also in charge of the coverage of major private equity firms and global financial institutions based in the UK.
  • In addition to his responsibilities within FIG, George oversees the development of the Greek and Cypriot non-FIG business of the Investment Bank of UBS.
  • George has been involved in almost all key strategic transactions that have taken place in the Greek banking system over the past 14 – 15 years and has been instrumental in a number of landmark deals occurred across the broader financial space in EMEA, totaling value of transactions in excess of €100 billion.
  • Prior to joining UBS in 2014, George was a member of Credit Suisse’s FIG team since 2008, based in London.
  • He started his career in Athens at Marfin Investment Group, and subsequently Marfin Popular Bank, in 2006.
  • Notable deals of George include:
    • Advised Piraeus Bank on a €7.2bn NPE sale to Intrum in 2021.
    • Advised Piraeus Bank on a €600m Additional Tier 1 capital issuance in 2021.
    • Advised Eurobank on a €500m senior preferred bond issuance in 2021.
    • Advised the Hellenic Financial Stability Fund on their participation in Alpha Bank’s €800m share capital increase in 2021.
    • Advised Piraeus Bank on a €1.4bn share capital increase in 2021.
    • Advised Davidson Kempner on the €267m acquisition of Cepal Hellas and an NPE portfolio of €10.8bn from Alpha Bank in 2021.
    • Advised National Bank of Greece on the €505m sale of Ethniki Insurance (rendering of a fairness opinion) in 2021.
    • Advised Piraeus Bank on a €4.9bn NPE sale to Intrum in 2021.
    • Advised Nova Ljubljanska Banka on the €395m acquisition of Komercijalna Banka in 2020.
    • Advised Piraeus Bank on a €1.9bn NPE sale to Intrum in 2020.
    • Advised Piraeus Bank on a €500m Tier 2 capital issuance in 2020.
    • Advised Atlas Merchant Capital on the sale of Praxia Bank to Viva Wallet in 2020.
    • Advised Piraeus Bank on a €400m Tier 2 capital issuance in 2019.
    • Advised Piraeus Bank on the partial sale of its NPE servicing platform in combination with a long-term SLA to Intrum for €410m in 2019.
    • Advised Warburg Pincus on its US$762m acquisition of Leumi Card in Israel in 2019.
    • Advised Piraeus Bank on a €2.0bn NPE sale to Bain Capital Credit in 2018.
    • Advised Piraeus Bank on the sale of its Romanian banking subsidiary to J.C. Flowers in 2018.
    • Advised Lowell on its joint (with Permira) €727m acquisition of Intrum’s Norgic region carve-out in 2018.
    • Advised National Bank of Greece on the sale of its banking subsidiary in Albania in 2018.
    • Advised Royal Bank of Scotland on a US$ Yankee SEC 11NC10 HoldCo senior issuance in 2018.
    • Advised Barclays plc. on its staged exit from Barclays Africa in 2017 and 2018.
    • Advised Attica Holdings on the acquisition of a 48.5% equity stake in Hellenic Seaways from Minoan Lines in 2017.
    • Advised Eurobank Ergasias on a €500m covered bond issuance in 2017.
    • Advised National Bank of Greece on a €750m covered bond issuance in 2017.
    • Advised Lindorff on its merger with Intrum, valuing Lindorff at €4.1bn, in 2017.
    • Advised Royal Bank of Scotland on a US$2.65bn AT1 capital issuance in 2016.
    • Advised Piraeus Bank on the acquisition of Panellinia Bank in 2015.
    • Advised Piraeus Bank on a €4.7bn capital strengthening plan, including a share capital increase of €1.3bn in 2015.
    • Advised Piraeus Bank on the sale of its banking subsidiary in Cyprus in 2016.
    • Advised Piraeus Bank on the sale of ATE Insurance to ERGO in 2016.
    • Advised Piraeus Bank on a €1.75bn non pre-emptive share capital increase in 2014.
    • Advised National Bank of Greece on a €2.0bn non pre-emptive share capital raising in 2013.
    • Advised CaixaBank on a 10.1% share-sale in Inbursa in 2013.
    • Advised National Bank of Greece on the formulation of its restructuring plan agreed with the DGComp in 2013.
    • Advised National Bank of Greece on the absorption of select ‘healthy’ assets and liabilities of First Business Bank in 2013.
    • Advised National Bank of Greece on the acquisition of Eurobank (subsequently blocked by the European Authorities) in 2013.
    • Advised National Bank of Greece on a €1.9bn tender of covered bonds and hybrid Tier 1 securities in 2012.
    • Advised Piraeus Bank on a €800m rights issue in 2011.
    • Advised Millennium BCP on a €260mn rights issue, as part of a €1.4bn capital strengthening plan, in 2011.
    • Advised National Bank of Greece on a €2.3bn rights issue in 2010.
  • Advised Swedbank on a US$2.1bn rights issue in 2009.
  • Advised HSBC on a £12.5bn rights issue in 2009.
  • Advised the UK Government on the recapitalisation of the banking sector and the structuring of an Asset Protection Scheme in 2009.
  • Advised National Bank of Greece on the sell-down of €90m of treasury stock in 2007.