UBS appoints Bear departee joint global head of fixed income

UBS has named Jeffrey Mayer, a former director of Bear Stearns, as joint global head of fixed income. Mayer’s appointment follows UBS’s recent hire of Carson Kengeter in the same capacity from Goldman Sachs.

In his new position, Mayer will be responsible for the bank’s full range of fixed income products, including structured products, rates, emerging markets, FX, commodities and credit fixed income.

Mayer joins from former US investment bank Bear Stearns, which was taken over by JP Morgan in March. He was most recently global co-head of fixed income, culminating 19-year’s tenure with the bank. He was also a member of Bear’s management committee and its board of directors. Before assuming this role