People moves: Details emerge of UBS changes

UBS held a reorganisation of its FX & Money Markets (FXMM) business at the end of January and the changes seem to be biting. The biggest beneficiary was Darren Coote, who has moved up to the role of global head of FX trading. UBS says the move is part of its “continued efforts to strengthen our global trading business. We are convinced that the talent and energy of the new unit will propel our FX businesses to even greater success in the future.”