UBS's New York FX Sales Manager Expands Into Niche Customer Areas

BANKS

Union Bank of Switzerland's new foreign exchange sales head in New York, Seth Cohen, is taking up his post with an eye to expand upon the bank's current operation (FXW, August 5). In these early days, he is focusing on several niche areas, including mutual fund business and emerging markets.

Cohen, who joined from Merrill Lynch where he specialized in mutual fund business, is now upgrading that customer sector for UBS. In his first month, he has already hired two people for the mutual funds group

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