FX: UBS beefs up

UBS appears to be once again expanding its FX business with a series of senior appointments. Chris Vogelgesang, who spent 13 years at Merrill Lynch in senior roles before taking a break from the industry, has joined as global co-head of FX. Vogelgesang, who will be based in Zurich and report to Dimitri Psyllidis, shares the role with Singapore-based Arie Adler, who continues as head of FICC, Asia ex-Japan. Electronic trading pioneer Simon Wilson-Taylor, who left his role as head of State Street’s Global Link division in January, has also joined the bank as managing director and global head of e-commerce. He reports to Fabian Shey and is based in Stamford, Connecticut. UBS has also poached Andy Durrant from the CME in the new role of head of e-marketing in Europe. He will be based in London and report to Julian Wantling, co-head of FICC distribution, EMEA, as well as to Simon Wilson-Taylor.