UBS selected one of its newly acquired Credit Suisse staff to replace its retiring global head of execution services, Brent Johnson, according to an internal memo seen by The TRADE. Neil Hosie was appointed global execution services head in a full-time capacity after joining UBS as part of its takeover of Credit Suisse last year. He took up the role on an interim basis in March. Hosie originally joined Credit Suisse in 2017 as its head of equities Asia Pacific, later assuming responsibility of the asset class for both Asia Pacific and EMEA and eventually taking up the role in a global capacity in 2023. Previously in his career, he served as head of equity trading for Asia Pacific at Deutsche Bank and Deutsche Bank Securities for two years and 13 years, respectively. He began his trading career at UBS in Hong Kong.
Alex Livingstone, formerly head of trading for ETFs and FX at Titan Asset Management, joined Titan Investment Solutions as a junior portfolio manager and trader. In this position, he is set to assist Peter Doherty, head of fixed income and investment associate, Christopher Turdean in developing the fixed income trading. He will also be involved in the ongoing management of the Titan Hybrid Capital, Core Credit, and Short Duration IG income funds. Livingstone previously served as head of trading – FX and ETFs at Tavistock Investments.
IEX Group appointed John Palmer to lead its new markets segment as the business looks to drive expansion into new areas and grow its product suite. In the new role, Palmer will be tasked with leveraging IEX’s core system and technology to develop new markets, said the firm. Prior to this move, Palmer was president of Cboe Digital, overseeing the development of digital asset trading platforms and services. Previously, Palmer held numerous leadership positions at Cboe Global Markets, as well as its options and futures businesses. He has also worked for CrossTower and ISE Holdings as global head of product strategy and product management director, respectively.
BTIG appointed Sean Shanker as a managing director within the electronic trading team, based in New York. In the role, Shanker will focus on driving new initiatives across the firm’s electronic and portfolio trading offering as well as leading key projects. Shanker has more than two decades of experience in the industry, having most recently served as head of product, Americas – equities at Citi. Across his career he has also served as director and senior trading strategist at Bank of America, Merrill Lynch.
Societe Generale moved to bolster its equity capital markets (ECM) offering in the US with the addition of three new individuals, according to an internal memo seen by The TRADE. Nicholas Cunningham was appointed as a senior banker in ECM. He will be focused on the industrial sector and financials sponsors. Elsewhere, Ashish Sanghrajka joined Soc Gen as senior banker in ECM, focused on healthcare and Thomas Feuerstein has relocated from the bank’s Parisian arm as senior banker in ECM focused on technology. In addition to his sector focus, Feuerstein will also work to enhance connectivity for the bank’s European clients into the US equity capital markets, the memo confirmed. David Getzler will remain in his current role as head of ECM US.