UBS Streamlines Market Data Team

Abstract

UBS has axed or reassigned roles for a number of long-serving market data executives as part of a broader move to streamline its market data sourcing, administration and technical operations, sources say. Frank Nazzaro, who most recently served as managing director and head of the bank's global market data systems and IT infrastructure for user services, has now taken up the role of managing director in the bank's Group Technology Infrastructure Services division.