UBS hires market risk head from JPMorgan

Andrew Threadgold, global head of market risk at JPMorgan, has quit the US dealer to become global head of market risk at UBS.

Threadgold, who is currently on gardening leave, is set to join UBS on September 15. He will remain in New York for now, but is expected to transfer to London in the medium term.

Stephan Keller, who has worked as chief risk officer at UBS since 2004, has moved to head the group treasury department at UBS.

JPMorgan has seen a number of departures from its long-serving

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