As part of its internal reshuffling of primary market coverage, UBS has promoted Armin Peter to head of debt capital markets EMEA syndicate, reports Reuters.
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Peter will replace Mark Wheatcroft, former head of syndicate for EMEA at UBS, who was let go as part of the bank’s overhaul.
Based in London, Peter will be responsible for all of UBS’s primary market activities including government, covered and senior bonds, as well as bank capital.
Peter has worked for a wide range of European financial institutions in brokering, trading and syndicate roles, and joined UBS to operate the bank’s covered bond business and syndicate in 2006 from HSBC. More recently, he headed up the bank’s covered business and financial flow syndicate, EMEA.
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