UBS has signed up Ryan Chan, a v.p. in credit structuring at Morgan Stanley in London, to head Asian credit derivatives structuring out of Hong Kong. Charles Gorman, spokesman in London, said Chan joins as executive director reporting to Steve Dugdale, global head of credit structuring in London. Both Chan and Dugdale declined comment on details of the position or if it is a new role.
Chan is among a clutch of credit derivatives staffers who have jumped from Morgan Stanley recently (DW, 3/20).