UPDATED: UBS lets veterans Paul Au and Patrick Liu go, reflecting a strategic shift in focus towards building a trading-oriented platform in the secondary markets.
Guy Wylie, head of Asia debt capital markets, and Paul Au, head of syndicate for Asia, talk about UBS’s debt strategy as a non-lending bank and what will keep them busy as markets stay volatile.
With the volatility in the equity markets and the uncertainty over the economic outlook, Asia’s wealthiest people are putting their cash to work in the bond markets.