UBS New York Enlists Chemical's Jury In Bid To Expand FX Coverage In U.S.

BANKS

Union Bank of Switzerland (UBS) has hired Steve Jury, formerly with Chemical Bank, as its new chief dealer in charge of spot foreign exchange at its New York branch.

Jury says he plans to make the branch operation a highly competitive force in the New York market. Jury began at UBS April 1, leaving Chemical after about three years as its chief dealer in charge of spot.

"My aim is to make UBS an aggressive and much bigger interbank trader of foreign exchange in New York. I plan to do this by

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