The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Breaking news: UBS outlines FICC structure

UBS Investment Bank has finalized the organizational changes to its fixed income, currencies and commodities (FICC) business which started in October. André Esteves remains as global head of FICC, a role he assumed after the bank merged fixed income business with its money markets, currencies and commodities (MCC) unit.

As a result of the changes, Andy Amschwand, who had been the global head of MCC before the creation of the FICC business, will become an advisor reporting to Esteves. Amschwand remains chief executive of the Investment Bank in Switzerland.

Fabian Shey, formerly global head of distribution and Reto Stadelmann, formerly global head of trading for MCC are now co-heads of the foreign exchange (FX) & money markets unit, reporting directly to Esteves.

 UBS: Number 2, Overall market share, FX poll 2007

UBS has emerged as an FX powerhouse over the past decade, climbing up and then consolidating its position in the Euromoney FX poll. For the past five years, it has consistently been ranked as one of the two biggest participants in the market.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree