Tag: UBS

The past week saw several key moves, including a global head of trading promotion, head of fixed income appointment, and high touch sales team expansion. 

The expanded role is set to support the growth and implementation of AI across UBS’ investment banking offering, The TRADE understands. 

Paris-based hire is the fourth high touch sales trader to join the firm this year; she previously served at UBS as a cross asset execution trader.  

Individual spent three years at UBS as a multi-asset trader and has also previously worked at Axia Futures and Odey Asset Management.  

Firms should not over-rely on automation and electronification, to avoid errors and under-staffed trading desks, said panellists at the Fixed Income Leaders Summit (FILS) in Amsterdam on Wednesday.  

The hires, based in Frankfurt and London, join from firms including UBS and Western Asset Management. 

Individual left UBS earlier this year following the unexpected decision to shutter its outsourced business in March 2025, as revealed by The TRADE at the time.

UBS has previously stated its objective to address Credit Suisse’s outstanding matters “swiftly, fairly, and in a balanced manner, in the best interest of all stakeholders”.

The decision is set to contribute to cost synergies and operational efficiencies, according to UBS.

In March, UBS made a shock exit from outsourced trading game, serving its clients a three-month notice, as revealed by The TRADE at the time.