Mark Graham has resigned from his post as UBS’s head of securitised products for the Europe, Middle East and Africa debt capital markets team.
He joined the Swiss bank last May from Deutsche Bank. Graham’s appointment was seen as a sign that UBS anticipated a revival in the securitisation sector in Europe.
Three months later it hired Morgan Stanley’s former executive director and head of European CMBS, Romano Paredes, to strengthen its team. He has taken over Graham’s capital markets and structured finance responsibilities.