UBS revamps debt capital markets business

UBS HQ archway

UBS has revamped its debt capital markets business, launching an 'Event Driven Team' for its corporate business and merging its financial institutions liability management and capital solutions teams.

Reuters reports that the corporate event team will seek to capitalise on the increasing opportunities in M&A and private equity markets, according to an internal company memo seen by IFR.

Isabelle Toledano, head of France corporate DCM and head of high-yield corporate derivatives marketing in Europe, will head up the newly established team, which will be used to promote strategic alliances within the bank.

It will also help different parts of the business engage more effectively with external clients, according to a source.

The new event team will include a number of solutions specialists: David Moore, executive director in FX; Marzia Barone, executive director in DCM; Sangitha Skandakumaran, director in DCM; and Thomas Jeulin, a high-yield DCM analyst.

To access the complete Reuters article hit the link below:

UBS shakes up DCM business

Ex-Goldman trader plans China, Japan hedge fund: sources

image: © thetaxhaven

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