In the past few days Switzerland's two largest banks, Credit Suisse and UBS, have both made structural changes to their capital markets units.
With over 15 years of service with the Swiss bank UBS, Yeoh Choo-Guan has been appointed Head of ASEAN Equities. She will report to Taichi Takahashi, Head of Asia Pacific Equities.
Yeoh was most recently Head of Equities for Singapore and Malaysia and previously served as Head of ASEAN Client Trading.
Meanwhile news financial news agency «Bloomberg» reported that Ali Naqvi (pictured below) has been appointed Head of Global Markets for Asia Pacific at Credit Suisse. He will oversee the fixed income business in addition to his existing role as regional head of equities.
Brian Yoon, who was previously Co-Head of Global Markets with Naqvi, will step down from that role and from the Head of Asia Pacific Fixed Income role, and will stay on as an adviser on overall risk strategy for the bank.