UBS Reinforces Junk-Debt Trading Business with Two New Appointments
Posted: Mon Aug 22, 2016 1:04 pm
UBS, the Swiss banking group, has appointed two traders from Morgan Stanley as the bank seeks to reinforce its junk-debt trading business in the US, according to a Bloomberg report today.
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Jeff Chang and Vivek Raman have reportedly left Morgan Stanley and are due to join UBS in October and September respectively. Chang will take the role of an executive director, overseeing US high-yield corporate bond trading in New York. Raman will also join as a director.
The latest additions reflect the bank’s renewed interest ... (read more)