Japanese telecommunications company Softbank Corp is hiring Rajeev Misra from Fortress Investment Group, Bloomberg reported, citing people close to the matter. Misra, a former debt-trading executive at Deutsche Bank and UBS AG, joined Fortress Investment Group LLC earlier this year.Misra, who has not yet left Fortress, plans to relocate to either Silicon Valley or San Francisco from London and will focus on acquisitions, according to the report. (bloom.bg/1w3bQYH)It is not immediately clear what position Misra will hold. SoftBank spokesman Matthew Nicholson failed to comment on the matter while Fortress was not immediately reachable for comment outside regular U.S business hours.Misra will not report to Nikesh Arora, who left Google Inc earlier this year to head SoftBank's internet unit and is responsible for overseeing Web, telecommunications, media and global investment activities, Bloomberg reported.
Fortress Investment Group LLC (Fortress), is a global investment management firm. Shares of FIG fell by 3.59% or $-0.23/share to $6.17. In the past year, the shares have traded as low as $6.06 and as high as $9.16. On average, 1096270 shares of FIG exchange hands on a given day and today's volume is recorded at 894708.
Google Inc. (Google), is a global technology company. Shares of GOOG fell by 2.07% or $-11.28/share to $533.21. In the past year, the shares have traded as low as $502.80 and as high as $604.83. On average, 1573680 shares of GOOG exchange hands on a given day and today's volume is recorded at 2578676.
UBS AG is a client-focused financial services company that offers a combination of wealth management, asset management and investment banking services on a global and regional basis. Shares of UBS fell by 0.06% or $-0.01/share to $15.90. In the past year, the shares have traded as low as $15.89 and as high as $21.61. On average, 2399190 shares of UBS exchange hands on a given day and today's volume is recorded at 2357568.
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