UBS hires new fixed-income head

The move is the second major appointment to UBS Investment Bank after Jerker Johansson arrived in March as its new chief executive and chairman. Upon his arrival in early 2009, Kengeter will report directly to Johansson and also join the investment bank executive committee and the UBS group managing board.

Kengeter had been at Goldman since 1997, where he was most recently responsible for all Asian FICC products, excluding Japan.

Marcus Jones

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