A new day for ABS at UBS Australia

Bill Measday joins UBS in Sydney to rebuild the bankÆs asset-backed securities business.

UBS has lured Bill Measday from JPMorgan as the Swiss firm announces plans to re-enter the asset-backed securities ABS business in Australia with a particular focus on residential mortgages.

Measday becomes executive director and head of ABS for Australia several years after the firm exited the asset-backed arena.

He will be charged with building a client base and finding opportunities to securitise mortgages but also other assets. The move is in line with the bankÆs global fixed income expansion...

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