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UBS has named Matthew Hanning as the head of its Asia-Pacific investment-banking unit, replacing Matthew Grounds, who will focus on the bank’s Australian operation.

Bloomberg News reports that Hanning, 46, will become head of corporate-client solutions for the region and also join UBS’s investment-banking executive committee'.

Hanning will take over a business from Grounds that was the top-ranked manager of equity sales in the Asia-Pacific region in 2013 for the first time in five years and almost doubled the number of high-yield bond offerings it arranged, data compiled by Bloomberg show. UBS is ranked fourth in equity sales and third in high-yield bond offerings this year, the data show.

In the meantime, Bloomberg also reports that Deutsche Bank has hired Chris Yoshida from Morgan Stanley to run global rates sales.

Yoshida will be in charge of fixed-income securities and a range of over-the-counter derivatives. He’ll be based in New York and report to John Pipilis, head of debt sales for the sales-and-trading unit.

Finally, Bloomberg reports that Johan Leven, Barclays’ Asia-Pacific head of corporate finance, is leaving the U.K. firm after his former manager stepped down from his role earlier this month, three people with knowledge of the matter said.

Leven resigned after Barclays said on May 15 that Matthew Ginsburg left his post as the region’s head of investment banking, the people said, asking not to be named as the matter is private.

UBS's Hanning Replaces Grounds as Asia Investment-Bank Head

Deutsche Bank Hires Morgan Stanley's Yoshida for Rates

Barclays Asia-Pacific Managing Director Leven Said to Leave

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