UBS has strengthened its Hong Kong-based fixed income desk with recent hires, transfers and promotions. Bob Lenk, executive director and now-Asian head of U.S. dollar rate derivatives trading, relocated from Stamford, Conn. to Hong Kong late last year to increase the bank's dollar trading presence in the region. In the U.S. Lenk set up the firm's exotic rates business. In what is thought to be a related move, the bank has transferred David Anderson, director of Hong Kong and Taiwan rates trading, and Lenny Kwan, associate director of Hong Kong and Taiwan dollar rates trading, from Singapore to Hong Kong.
On the structuring side, Aniruddh Gupta, fixed income structurer at Deutsche Bank in Singapore, has joined as a fixed income, rates and currencies structurer in Hong Kong and Eugene Tan, associate director in Sydney, has transferred to Hong Kong.
Lenk referred calls to Mark Panday, spokesman, who said, "We are reinforcing our fixed income business and strengthening our trading capabilities."
