UBS, Citi hire into APAC in desk reshuffles
Citi appoints a new head of markets for ASEAN; while UBS reshuffles its APAC team with a new head of global markets for Australia and a new head of derivatives and solutions for Australia.
Citi appoints a new head of markets for ASEAN; while UBS reshuffles its APAC team with a new head of global markets for Australia and a new head of derivatives and solutions for Australia.
The past week saw appointments from Citi, the Financial Markets Standards Board (FMSB) and FIA Tech.
New head will oversee the bank’s leveraged trading business which will incorporate the high-yield bond, leveraged loan and distressed trading desks.
Extended partnership will lead to the expansion of deep models, analytics and model infrastructure, while equipping clients with analytic tools that are necessary for managing their businesses.
New platform is said to be 50% faster with a cold start, while offering 71% faster deal booking and 94% faster order placement response.
The past week saw appointments from Citi, StoneX Group and Wells Fargo.
The new appointment is an internal promotion who has been with the group for the past 20 years.
A slump in the bank’s investment banking division saw its profits drop 22% despite a strong quarter for its trading business.
The past week saw an appointment from Tradeweb Markets, alongside departures from Citi, Fidelity Investments and VTB Capital.
Incoming trader at Kepler previously served for over two decades at Citi.