Sent from my BlackBerry® -----Original Message----- From: MeLinda MeLisa <[email protected]> Sender: [email protected] Date: Thu, 2 Dec 2010 08:35:49 To: <[email protected]> Reply-To: [email protected] Subject: [StockForex] UBS Bank Plans to Double Size of Its Commodities Staff UBS Bank Plans to Double Size of Its Commodities Staff UBS AG, Switzerland’s largest bank, plans to double its commodities team, a year after selling most of its raw-materials units to Barclays Plc. The expansion of the existing team of about 40 people will take place over the next 18 to 24 months, Hana Dunn, a London- based spokeswoman for the bank, said by phone today. Dylan Morgan, formerly of Goldman Sachs Group Inc., started last week as head of industrial metals and Taha Quertani, from Tudor Investment Corp., became head of agriculture, Dunn said. The Zurich-based bank announced plans to withdraw from most commodities business in October 2008 and agreed to sell its industrial metals, oil and U.S. power and gas units to Barclays Plc three months later. UBS sought to cut investment banking risk after posting $48.6 billion in writedowns and losses related to the credit crisis. UBS AG, Switzerland’s largest bank, plans to double its commodities team, a year after selling most of its raw-materials units to Barclays Plc. The expansion of the existing team of about 40 people will take place over the next 18 to 24 months, Hana Dunn, a London- based spokeswoman for the bank, said by phone today. Dylan Morgan, formerly of Goldman Sachs Group Inc., started last week as head of industrial metals and Taha Quertani, from Tudor Investment Corp., became head of agriculture, Dunn said. The Zurich-based bank announced plans to withdraw from most commodities business in October 2008 and agreed to sell its industrial metals, oil and U.S. power and gas units to Barclays Plc three months later. UBS sought to cut investment banking risk after posting $48.6 billion in writedowns and losses related to the credit crisis. Source: http://marketpin.blogspot.com/ ------------------------------------ ## StockForex ## _________________ ::Forum:: All about Forex and Stock Trading ; all currency pairs. All Major World Indices, Asian Stock Index. and Individual/single stock. We're not goin' anywhere Well, it's all right here. Enjoy it !! :) _________________ http://finance.groups.yahoo.com/group/StockForex Yahoo! Groups Links ------------------------------------ Kunjungi situs http://www.info-saham.com untuk informasi seputar saham. SEMUA POSTING DI MILIS INI TANGGUNG JAWAB PENGIRIM EMAIL DAN BUKAN ADMIN MILIS. SEMUA POSTING DI MILIS INI BUKAN UNTUK MENGAJAK MEMBELI ATAU MENJUAL EFEK. SETIAP KEPUTUSAN INVESTASI MENJADI TANGGUNG JAWAB PIHAK PEMILIK INVESTASI ATAU PEMILIK MODAL. [email protected] untuk berhenti dari milis saham [email protected] untuk bergabung ke milis saham Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/saham/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/saham/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
