UBS puts rates, credit alongside FX in new unit Swiss bank UBS AG (VTX:UBSN) has reorganised part of its investment bank to put its rates and credit businesses alongside foreign exchange trading. A memo sent by the bank last week and seen by Reuters said a new FRC (FX, rates, credit) unit will be co-headed by Chris Murphy and George Athanasopoulos. Murphy was head of rates and credit and Athanasopoulos was co-head of foreign exchange.
Nov. 28, 2013 - Reuters via Yahoo! Finance
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