UBS Warburg has hired Min G. Lee, associate of collateralized debt obligation trading at Lehman Brothers in Tokyo, as a director handling credit derivatives structuring, according to Lee Knight, Asia-Pacific head of credit derivatives trading at UBS in Tokyo. "This is an expansion of our structured products team," noted Knight, adding that Lee will report to him, declining further comment.
At Lehman, Lee reported to Jawahar Chirimar, head of Asian credit trading in Tokyo. Chirimar did not return calls. Lee, who starts Monday is on gardening leave and could not be reached.