FIVE YEARS AGO IN FXW
FIVE YEARS AGO IN FXW
UBS Hires Silver from Bankers Trust
In a significant shift of strategy, Union Bank of Switzerland has hired Richard Silver, formerly co-manager of currency options at Bankers Trust, to run a global FX derivatives book out of New York.
Previously, UBS has not been a major interbank market maker in currency options in the US, but conducted such business on a regional basis.
FXW, June 21, 1993
Editor's note: Today, Silver is based in Singapore and is slated to oversee global risk management and
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