UBS looks to Kendall to export ECM magic

UBS has a global head of ECM again, and this time the job is based in Asia. After nearly five years without one, following the creation in May 2008 of a global capital markets structure that combined debt and equity, the bank’s latest reorganisation has prompted the re-emergence of the product-specific position — and Sam Kendall, until now the head of Asian ECM, has been given the job.