Summary List PlacementIn May, a team of UBS technology, media, and telecom bankers suddenly jumped ship from the Swiss lender. The group, led by Jason Auerbach, is highly regarded on Wall Street, and it's one of the most lucrative teams at UBS, sources familiar with the bank told Insider. Auerbach's team — which in recent years has landed roles on prominent initial public offerings including DoorDash, Lyft, and Peloton — had been aggressively courted by other firms as well, according to two sources familiar with the matter.