UBS in FICC expansion

LONDON - UBS has hired Dimitri Psyllidis as global head of macro trading, in a move to expand its market share in foreign exchange and rates.

Psyllidis started last week (August 10) in London and has responsibility for FX and rates trading globally. He reports to Carsten Kengeter and Jeffrey Mayer, co-heads of fixed income, currencies and commodities (FICC) in London and New York, respectively. The duo said in an internal memo that Psyllidis's hire will enable the bank to reach "more clients

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