UBS has appointed Damien Brosnan and Peihao Huang as co-heads of its equity capital markets business in Asia with immediate effect, according to an internal memo seen by FinanceAsia on Friday.
Their official title will be co-heads of ECM Solutions, which includes both deal origination and syndication responsibilities and suggests the Swiss bank is officially integrating the two operations at a senior level.
Although UBS has separate equity origination and syndication teams, it has already brought the two teams closer by sharing resources. A number of junior bankers, for example, have worked for both teams since last year, according to a source familiar with the situation....