UBS Sales Veteran Quits

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UBS Sales Veteran Quits

Kevin Regan, co-global head of fixed income distribution at UBS Warburg and an individual credited internally with building the fixed income sales team over the last five years, has left the firm. David Shulman, previously co-head with Regan, takes over sole responsibility for the group. Shulman, based in Stamford, Conn., will manage the distribution and credit research teams based in Japan, Asia, Europe and the U.S., according to an internal memo obtained by DW and available online (click here). Regan could not be reached for comment.

Manfred Schepers, recently appointed head of European fixed income in London, said he has taken on the additional responsibility for day-to-day management of the European distribution and research teams. "I'll make sure I have a good team around me and things will be good," he added.

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