UBS moves with the times, picks equities MD for ECM job
The job of an equity syndicate head is changing: that was the conclusion that some in the market took from UBS’s decision this week to turn to one of its senior equities salesmen in its search for a new head of EMEA equity syndicate.
Those running syndicate at rival firms reckon the move is indicative of a shift in emphasis in bank syndicate roles away from a capital markets focus and more towards distribution and sales.
Gareth McCartney, who was already a managing director at UBS as head of EMEA middle market cash ...Please take a trial or subscribe to access this content.
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