UBS TO MERGE EQUITY WITH APAC MARKETS UNIT – UBS is going to combine its equity and debt capital markets division in Asia Pacific, in an attempt to streamline the business. @David Chin was quoted as saying, “By merging the two groups, we can better serve our clients and enable a more flexible allocation of resources”. As a result of this merger there will be no jobs lost. Gaetano Bassolino will become the Head of Asia Pacific Capital Markets because of the merger. There were also media reports that Peihao Huang, Head of Cash Equity Markets, was going to leave, however UBS have confirmed that she will remain in her current role. #SpartanInternational