UBS head of European EM spot exits

James Ludlam returns to London after leaving UBS

city of london
City of London

James Ludlam, head of European emerging markets (EM) spot foreign exchange and short-term interest rate trading at UBS, has left the bank, according to sources familiar with the situation.

Based in Zurich, Ludlam is understood to have quit last month and relocated back to London. At UBS, he reported to Garth Appelt, global head of EM macro trading and G10 FX trading, based in New York.

Ludlam previously worked at Deutsche Bank in London as a senior EM FX trader, joining in 2008. He reported to

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