Thursday, 21 August 2014
Last updated 2 hours ago
May 2 2011 | 12:59pm ET
UBS is facing a major shakeup of its prime brokerage with the departure of a second top executive in as many weeks.
Ashley Jarvis has resigned as Hong Kong-based global head of business and capital consultancy, Reuters reports. Jarvis left the firm at least a week ago, his exit quickly following that of Asia-Pacific prime brokerage chief David Gray.
Jarvis had served in his most recent position for less than a year, having been named to the job in June. He reported to Gray.
It is unclear whether Gray's exit played a role in Jarvis', or indeed why Jarvis left at all. His future plans are also unclear. UBS last week named Tim Wannenmacher, formerly of Nomura Holdings' prime brokerage, to replace Gray.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note