UBS has appointed Carlos Salcedo head of capital markets financing sales Americas, according to an internal memo seen by The TRADE.
Effective from 1 September, Salcedo will be based in New York, reporting to Dan Murphy, Americas head of franchise sales.
Salcedo joins UBS from Barclays, where he most recently served as head of Delta One sales for the Americas since 2009. As part of the role, he helped enhance Barclays’ custom baskets business.
In his new role, Salcedo will be responsible for the execution of UBS’ commercial strategy in the Americas.
“His remit will include a wide range of product offerings across the institutional and global family institutional wealth client base, including Synthetic Prime & Delta One,” said the memo.
Salcedo’s appointment follows that of Neil Hosie, who was appointed as global execution services head in a full-time capacity after joining UBS as part of its takeover of Credit Suisse last year. Hosie took up the role on an interim basis in March.