FT reports that the firm's global treasurer is to join Millennium.
Wall Street analysts see opportunity as Chinese economy shows potential.
The bank's shares fell on the news that the government wants systemically important Swiss banks to hold significantly more capital against foreign units.
Sergio Ermotti, who has been leading UBS' integration of Credit Suisse, was paid $16 million for his first nine months on the job.
The 0.4% rise in March's core consumer price index adds to evidence that progress on taming inflation may be stalling.
Venture capital funding dropped 29% in the US, 40% in China, as slower economies, inflation weigh.
Firms from Japan, South Korea, Indonesia, and Singapore could appear.
The state treasurer added four financial services firms to a list of those ineligible to provide banking services to the state because he says they 'boycott' the fossil fuels industry.
Economic reports already justify cuts, the former central bank executive says.
If Wednesday's stats are higher than expected, volatility may spike.
