Sam Kendall, the head of Asia equity capital markets at UBS, has been promoted to global head of ECM, making him the first global ECM head at a bulge-bracket firm to be based in Asia.
The appointment, which was announced just before Christmas, comes after a highly successful year for the Swiss bank in Asia ECM, during which it executed almost 30% more deals than its closest competitor and, according to the internal announcement, generated 80% more revenues than in 2011 despite the fact that the overall ECM fee pool was down 20%.
FinanceAsia recognised the strong performance by naming UBS the best...
¬ Haymarket Media Limited. All rights reserved.
