UBS Promotes Shane Edwards to Head of Global Equity Derivatives

UBS Investment Bank has appointed Shane Edwards as its newest Head of Global Equity Derivatives operations, promoting him after just two years as the group’s equity derivatives executive committee.

UBS had an unusually quiet November in terms of personnel moves, with its last major move coming in the end of October with the recruitment of ex-Barclays FX Head, Christophe Gioffredo.

In his new role as the Head of Global Equity Derivatives at UBS, Mr. Edwards will be reporting to co-Heads of Global Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term, Roger Naylor and Robert Karofsky. Prior to joining UBS in 2012, Mr. Edwards held a number of senior level trading, sales and strategy roles at RBS, Deutsche Bank AG and Macquarie Bank Ltd.