UBS to merge Apac ECM, DCM divisions

The Swiss bank creates a single Asia-Pacific capital markets unit in effort to boost deals business. DCM chief Gaetano Bassolino will lead the merged unit.

Ray Chan

March 15, 2018

UBS is to merge teams responsible for running equity and bond deals in Asia Pacific into a single newly-created unit, as the Swiss bank makes a fresh attempt to streamline operations and improve returns, according to an internal memo seen by FinanceAsia on Thursday.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Related Articles

Veteran dealmaker back as UBS's Asia-Pacific IB head

David Chin returns to the Swiss bank two years after his retirement, with Sam Kendall focussing on ECM duties with a move to New York.

August 11, 2017

UBS eyes resources deals in M&A leadership shake-up

Greg Peirce will be sole head of Asia-Pacific M&A, while a pair of China-focused bankers will drive deals in the promising resources sector.

January 25, 2018

UBS chief China strategist joins investment banking

Yankun Hou is joining UBS's investment banking arm, providing services to industrial companies across the Asia-Pacific region.

March 01, 2018

UBS co-head of Asia investment banking leaves

David Chin is leaving UBS after 21 years with the firm

May 08, 2015

UBS shake-up continues with new Asia DCM syndicate heads

The Swiss bank promotes Kevin Cui and Terry Schmassmann to head its debt capital markets syndicate franchise across the region

June 06, 2018

UBS names new Asia ECM syndicate head

Swiss bank appoints Hannah Malter as head of equity capital markets syndicate in Asia.

April 16, 2018