UBS hires index trading head, reports Financial Times

The Financial Times reports that UBS has hired credit index trader Brett Golledge, who left Royal Bank of Scotland last year. According to the article, he is joining UBS as head of index and index options trading in Europe. The bank is also reported to have hired the former head of distressed credit trading at Credit Suisse in London. Dermot Murphy is joining UBS as co-head of high yield credit trading alongside Tim Alexander, and is accompanied in his move by distressed debt analysts Andrey Panna and Clemens Zehndorfer.