Debt market round up: UBS Scandi and UK DCM coverage merged
UBS has merged its Scandinavian and UK debt capital market coverage teams for the corporate and public sector. The team is headed jointly by Allegra Berman and Mahnaz Safa. Cecilia Hulten, who previously looked after Scandinavian coverage, is leaving the firm to pursue other interests after five years. The integration does not include FIG, which was already run on a pan-European basis.
Berman was moved to a newly created role of co-head UK corporate & public sector DCM alongside Safa in February. She was formerly head of frequent borrowers DCM and Safa has a background in derivatives.