UBS picks new head of global markets for Australia, New Zealand

Philippines News News

UBS picks new head of global markets for Australia, New Zealand
Philippines Latest News,Philippines Headlines
  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 90%

There’s a new markets boss at UBS’s local outpost, ahead of Credit Suisse ranks’ arrival.

UBS’s local outpost has picked a head of global markets for Australia New Zealand, in a freshly minted role that oversees the investment bank’s local equities as well as fixed income businesses.Michael Hendrie was announced as UBS’s head of global markets for ANZ in a memo sent to staff this week.

Hendrie is a UBS lifer, starting at the bank in 1994 and working across a slew of roles in trading, syndication and distribution including in London.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialReview /  🏆 2. in AU

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sell your stock: bankers fret post Credit SuisseSell your stock: bankers fret post Credit SuisseIt’s seven days since Credit Suisse’s rapid capitulation to rival UBS, and seven uneasy sleeps for Australian investment bankers across the street.
Read more »

Credit Suisse’s catastrophe bonds could outlive the bankCredit Suisse’s catastrophe bonds could outlive the bankThe Swiss bank first sold this form of notes in 2016 as a way of reducing the capital it was required to hold against operational risk.
Read more »

Australian banks overcoming the fallout of US banking crisisAustralian banks overcoming the fallout of US banking crisisThe US banking crisis that collapsed Silicon Valley Bank and affected global financial markets has had “little impact” on Australian banks says APRA Chairman John Lonsdale. “Although the collapse of SVB and subsequent takeover of Credit Suisse have had little impact on Australian banks – their plight and the global alarm it sparked highlighted two truths about banking,” Mr Lonsdale said in a press conference. “First, is how interconnected the international financial system has become, for example, Credit Suisse has a global presence including a branch here in Australia – local banks had next to no exposure to SVB yet concerns about these entities immediately sparked anxiety about contagion risk. “That brings me to the second point – the importance of confidence in maintaining bank stability.”
Read more »

Aussie fintech to power alternative to Swiss bank-style wealth adviceAussie fintech to power alternative to Swiss bank-style wealth adviceFinancial planning technology start-up Lumiant wants to disrupt the traditional investment advice provided by the likes of UBS and Credit Suisse.
Read more »

Banking stress puts US, Europe on watch for credit crunchBanking stress puts US, Europe on watch for credit crunchThe sudden spike in tensions for banks has raised questions about whether major central banks will continue to pursue aggressive interest rate hikes.
Read more »

The great Qantas flight credit racketThe great Qantas flight credit racketQantas is riding the fine line between appearing to reunite people with their money and making it maximally difficult for that to occur.
Read more »



Render Time: 2025-03-09 05:06:57