Robert Canning, managing director and senior credit derivatives marketer responsible for U.S. agencies at Bear Stearns in New York, has joined UBS in Stamford, Conn., as an executive director in derivatives sales. Jon Bass, managing director and head of U.S. fixed income distribution, to whom Canning reports, did not return calls. Canning could not be reached and Kris Kagel, spokesman in Stamford, declined comment.
At Bear Stearns, Canning reported to Peter Croncota, senior managing director, who did not return calls. Michele Agostinho, spokeswoman in New York, declined comment.