Michael Halloran will leave Nikko Citigroup for UBS to assume the position of co-head credit trading, Asia-Pacific. Halloran will join the Swiss bank's Tokyo operations on June 14 and will work closely with Lee Knight, co-head credit trading, Asia-Pacific.
With the appointment of Halloran, UBS will consolidate its Asian, Australian and Japanese credit trading operations into a single Asia-Pacific unit. Under the one-stop Asia-Pacific credit structure, UBS will also manage its cash and derivatives trading activities.
At Nikko Citigroup, Halloran was a managing director and head of credit trading in Japan. He brings over 13 years of fixed income and credit trading experience to UBS that has...