UBS names new head of capital markets financing gross sales for Americas

UBS has appointed Carlos Salcedo head of capital markets financing gross sales Americas, in keeping with an interior memo observed via The TRADE.

Efficient from 1 September, Salcedo shall be based totally in New York, reporting to Dan Murphy, Americas head of franchise gross sales.

Salcedo joins UBS from Barclays, the place he maximum just lately served as head of Delta One gross sales for the Americas since 2009. As a part of the function, he helped improve Barclays’ customized baskets industry.

In his new function, Salcedo shall be liable for the execution of UBS’ business technique within the Americas.

“His remit will come with quite a lot of product choices around the institutional and world circle of relatives institutional wealth shopper base, together with Artificial High & Delta One,” mentioned the memo.

Salcedo’s appointment follows that of Neil Hosie, who used to be appointed as world execution services and products head in a full-time capability after becoming a member of UBS as a part of its takeover of Credit score Suisse remaining yr. Hosie took up the function on an meantime foundation in March.