People News: C Suisse, UBS

Credit Suisse Canary Wharf

Matthew Courey, head of high-yield bond trading at Credit Suisse in London, is leaving the bank to pursue interests in the charitable sector.

Bloomberg News reports that Basil Eggenschwyler, who’s in charge of trading high-yield derivatives, will assume Courey’s responsibilities, said Adam Bradbery, a spokesman at Credit Suisse in London. Arjun Malhotra, a high-yield sector analyst, will start trading, Bradbery said.

In the meantime, Reuters reports that UBS has hired investment bankers Jose Luis Martinez and Daniel Bassan to be part of its Latin American business, according to an internal memo sent on Thursday.

Martinez, a managing director who will become the head of Latin American mergers and acquisitions based in New York, joined in February after 20 years at JPMorgan and Bear Stearns. He had been a member of JPMorgan's LatAm corporate and investment bank management committee, and was responsible for the region's real estate, lodging and power and utilities sectors.

Credit Suisse's High-Yield Bond Trading Head Courey to Depart

UBS hires two bankers for Latin American group -memo

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