One of the largest outsourced trading firms has served its clients a three month notice, just weeks after appointing a new head for the business, The TRADE has learnt.
The past week saw appointments across outsourced trading, equities and rates.
Individual has previously served at: Newton Investment Management, Standard Life Investments, Ignis Asset Management, Axial Investment Management, and Royal Bank Scotland (RBS).
Individual has previously served at Morgan Stanley, Jefferies, Lehman Brothers, and Goldman Sachs; his next role is as yet unconfirmed.
The past week saw appointments across credit and rates trading, electronic equity trading, and execution.
Following the merger, Credit Suisse (Schweiz) will no longer exist as a separate entity.
The past week saw appointments across capital markets financing sales, asset management strategy, and institutional sales.
New appointment joins from Barclays, where he most recently served as head of Delta One sales for the Americas since 2009.
The past week saw appointments across execution services, markets, electronic trading, equity capital markets and portfolio management.
Newly appointed individual has been with UBS for ten months, joining as part of the Swiss bank’s merger with Credit Suisse last year. He replaces retiring head Brent Johnson.