UBS appoints Asia co-heads of ECM

The Swiss bank has named Damien Brosnan and Peihao Huang as Asia co-heads of ECM Solutions in a move that combines equity origination and syndication at the top level.

UBS has appointed Damien Brosnan and Peihao Huang as co-heads of its equity capital markets business in Asia with immediate effect, according to an internal memo seen by FinanceAsia on Friday.

Their official title will be co-heads of ECM Solutions, which includes both deal origination and syndication responsibilities and suggests the Swiss bank is officially integrating the two operations at a senior level.

Although UBS has separate equity origination and syndication teams, it has already brought the two teams closer by sharing resources. A number of junior bankers, for example, have worked for both teams since last year, according to a source familiar with the situation....

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