Jerker Johansson, a 22-year veteran of Morgan Stanley and a close ally of former Morgan Stanley co-president Zoe Cruz, who was fired in December, was named the head of UBS's investment-banking operations this morning. He takes over from Huw Jenkins, who left in October after write-downs due to the subprime crisis, and CEO Marcel Rohner, who was serving as the interim head and who last month had the pleasure of announcing the largest-ever quarterly loss by a bank. Also, he is Swedish. Okay, let's face it: Dude will be based in London, so it's not like we care about him that much. We just wanted to say, Jerker. Jerker, Jerker, Jerker. Heh.
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