Schiro takes over global structured products at UBS

Vito Schiro has been appointed head of global structured products by UBS while continuing as head of European Equity Derivative Sales. Schiro will report to Jason Barron in equities and Fabian Shey in FICC, a group that was formed by integrating the fixed-income and money markets, currencies and commodities businesses.

The appointment marks an adjustment to an integration of UBS’ structured products team which was initiated in November 2007, when André Esteves was named global head of fixed income and appointed global head of the FICC, following which Steve Dugdale and Andy Felce were named co-heads of Structured Products within the FICC group. On his appointment to head the FICC, Esteves explained in an internal memo that the merger of UBS's structured businesses across credit, rates and FX into an