21.01.2013 - UBS sticks to commodities index business as it slims down

UBS plans to grow its commodities index business even as the firm winds down its fixed income unit, retaining what bank executives see as an important product for UBS's wealth management clients. Edmund Carroll, UBS's global head of commodities trading, will be relocating from London to New York, bank executives told Reuters during an interview this week. He will report to Roger Naylor, global head of equity derivatives...............................................Full Article: Source

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