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02/15/10 9:14 PM

#307342 RE: Stock Lobster #307341

BL: UBS Hires Eichler From RBS for Join Emerging-Market Sales Group

February 04, 2010, 02:23 PM EST
By Veronica Navarro Espinosa

Feb. 4 (Bloomberg) -- UBS AG, Switzerland’s largest bank by assets, hired Rod Eichler to join its emerging-markets debt, currency and derivatives sales group.

Eichler, who previously worked at RBS Securities Inc., will join UBS in April, UBS spokesman Doug Morris said. UBS also hired Jeff Barker from Cambridge International Securities Inc. to join the group, Morris said. Barker, who will begin working at UBS next week, and Eichler will be based in Stamford, Connecticut and report to David Cannon.

Cannon became the head of UBS’s emerging-market sales group in the Americas last month after working at Citigroup Inc. for 14 years, Morris said. The group sells UBS’s emerging-market fixed-income, currency and derivatives products.

Cannon’s “arrival underscores the investment bank’s commitment to Emerging Markets at a time of great opportunity,” Ed Hulina, head of fixed-income, commodities and currencies distribution for the Americas at UBS, wrote in an internal memo dated Jan. 5.




--Editors: Lester Pimentel, David Papadopoulos



To contact the reporter on this story: Veronica Navarro Espinosa in New York at +1-212-617-5514 or vespinosa@bloomberg.net



To contact the editor responsible for this story: David Papadopoulos at +1-212-617-5105 or papadopoulos@bloomberg.net