UBS shake-up continues with new Asia DCM syndicate heads

The Swiss bank promotes Kevin Cui and Terry Schmassmann to head its debt capital markets syndicate franchise across the region
June 06, 2018

Kevin Cui and Terry Schmassmann have been promoted to become co-heads of Asia debt capital markets DCM syndicate at UBS, according to an internal memo seen by FinanceAsia on Wednesday.

The appointments are the latest step in the Swiss lender's drive to streamline its banking business in Asia as it seeks to boost efficiency. In March, UBS announced it would merge product teams for running equity and debt deals in the region into a single unit.

Kevin and Terry will be focused on building UBS’ presence and visibility with Asian clients by working closely with origination and sector teams, and continuing to deliver seamless...

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