UBS's head of equity syndicate for Asia will transfer to the US

James Fleming, UBS's head of equity syndicate in Asia, has been appointed head of equity capital markets ECM syndicate for the Americas, and will be leaving Asia later this year, according to an internal message to UBS staff.

He will be replaced by Stuart Mackay, who is transferring here from Europe. Mackay has 15 years of experience within investment banking and capital markets, having previously worked in both the US and Europe for Goldman Sachs and Lazard. He is currently in the process of applying for relevant Hong Kong licenses and will formally take up his position once they are in place.

Mackay will report to Sutha Kandiah and Mark Williams, the firm's joint...