‘Radical change’ as UBS restructures fixed income
UBS is exiting its real estate and securitisation business as well as exotic structured products as part of a major restructuring of its fixed income, currencies and commodities unit. Sascha Prinz and David Sacco, global co-heads of rates, Chris Ryan, global head of credit, and Todd Morakis, global head of commodities, are leaving UBS as part of the restructuring.
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