New York's Evercore Partners Inc. created a joint venture with Citic Securities International Co. Ltd., launching Citic Securities International Partners Ltd. The firm will focus on cross-border mergers and acquisitions advisory and investment management, sourcing deals between China and other international markets. CSIP will also manage a $500 million China-focused private equity business.

Donald Tang (pictured), former chairman of Bear Stearns Asia and vice chairman of Bear Stearns Cos., will lead CSIP as chief executive. Tang had tried to set up a deal between Citic and Bear, but the deal fell through as Bear was hit by bad investments in mortgage-backed assets. Tang most recently worked at J.P. Morgan Chase & Co., which he joined in March through its acquisition of Bear.

Dan Ward and Sten Gustafson will join Deutsche Bank AG's global banking division in the natural resources corporate finance coverage group. Ward will work from New York, while Gustafson joins the Houston office. They will report to Michael Hill and Alan Brown, global co-heads of natural resources corporate coverage.

Ward will arrive as head of energy, Americas, and he was a managing director in the M&A group at UBS. Gustafson will join as a managing director to develop DB's global oilfield services practice. He was global head of oilfield services at UBS' energy investment banking group.

UBS announced Ernesto Bertarelli, Gabrielle Kaufmann-Kohler and Joerg Wolle will not stand for re-election at the firm's April 15 annual meeting. Michel Demaré, Ann Godbehere and Axel Lehmann are candidates for the board.

Demaré joined power and technology provider ABB Inc. as a member of the executive committee and chief financial officer in 2005 and added the role of president of global markets in November. Between February and September, he was interim-chief executive of ABB. He also worked at Baxter International Inc. and spent 18 years at Dow Chemical Co. The U.K. government asked Godbehere to act as CFO of Northern Rock plc from February 2008 until January 2009. Previously, she was CFO of Swiss Reinsurance Co. from 2003 to 2007. Lehmann is a member of the group executive committee and has been chief risk officer of Zurich Financial Services Group since January 2008.

Separately, Swiss weekly SonntagsZeitung reported that UBS would cut 5,000 senior and management jobs in the next few weeks. It said 2,500 of them would come from the massive wealth management division.

Citigroup Inc. named four independent director candidates to be voted on at its annual shareholder meeting on April 21: Jerry Grundhofer, Michael O'Neill, Anthony Santomero and William Thompson Jr.

Grundhofer is chairman emeritus and retired chairman and CEO of the board of U.S. Bancorp. O'Neill is the retired chairman and CEO of the Bank of Hawaii. Santomero was a senior adviser at McKinsey & Co. and served president of the Federal Reserve Bank of Philadelphia from 2000 to 2006. Thompson retired in 2008 as CEO of fixed income fund management firm Pimco.

KBW Inc. hired Chauncey Dewey for its investment banking team as a managing director in the diversified finance group. He joins from Credit Suisse Securities LLC and previously worked in the financial institutions group at Donaldson, Lufkin & Jenrette Inc.

Last week, KBW expanded its mortgage-backed securities trading team, adding Peter Ma to lead efforts in the nonagency market, and Greg Hargraves, who joins as senior agency pass-through trader. Ma was an executive director on UBS' mortgage-backed securities trading desk. Hargraves spent nearly 20 years in the mortgage business at Merrill Lynch & Co.

Willkie Farr & Gallagher LLP said bankruptcy and restructuring partner Matthew Feldman was selected to join the auto advisory task force at the Treasury Department, advising Secretary Timothy Geithner and Lawrence Summers, the director of the National Economic Council, on reorganization efforts by General Motors Corp. and Chrysler LLC and their suppliers. Feldman will leave Willkie at the end of March.

Also, Steven Rattner, managing principal of Quadrangle Group LLC, the private equity firm he co-founded nine years ago, will leave the firm to join the auto task force. Rattner was a deputy chairman and deputy CEO at Lazard from 1989 to 2000 and founded Lazard's media and communications group. The task force also includes restructuring expert and former investment banker Ron Bloom.

Early-stage venture capital firm OVP Venture Partners tapped Irving Weissman for its technical advisory group. Weissman co-discovered the mammalian and human hematopoietic stem cells and the human neural stem cell. He has formed three stem cell companies, SyStemix Inc., StemCells Inc. and Cellerant Inc.

Kurtzman Carson Consultants LLC, a claims and noticing agent serving companies undergoing Chapter 11 restructuring, is being acquired by Computershare Ltd., which provides transfer agency, employee equity plans and proxy solicitation.

Upon regulatory approval, Jon Orr, KCC's chief financial officer, will become president of the company. Computershare's U.S. financial controller, Gerry Mullins, will be KCC's CFO. Computershare has some 11,000 employees. Skadden, Arps, Slate, Meagher & Flom LLP corporate partner Brian McCarthy and tax partner Moshe Kushman advised KCC.