UBS boosts equity finance team

Matt Pecot is appointed head of equity finance and Sangkyo joins the equity swaps desk.

UBS has made two appointments to its Hong Kong equity finance team in the wake of the departures of Richard Johnston and Andrew Sinclair.

Matt Pecot has been appointed head of equity finance replacing Johnston, who recently resigned to pursue outside interests. Pecot will be responsible for prime brokerage, and along with Mas Iwata, will co-head equity finance activities in Asia-Pacific. In his new role, Pecot will report to Alex Ehrlich, global head of equity finance and Chi-Woon Yoon, head of Asian equities.

Previously, Pecot spent two years as UBS's regional head of equity sales in Hong Kong and for five years ran the bank's offices in both Indonesia and...

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