UBS and Wachovia Securities have separately named new global heads for their fixed-income units, whose responsibilities include mortgage-related securities. UBS has named Carsten Kengeter as global head of fixed income, currencies, and commodities within its investment bank, and Wachovia has named Craig Overlander as managing director and global head of fixed income. (Mr. Overlander will assume his post on Sept. 15.) Mr. Kengeter was previously a partner and co-head of Goldman Sachs' securities division for Asia ex-Japan, with responsibility for all FICC products. Mr. Overlander was previously managing director and co-head of fixed income at Bear Stearns.
Processing Content
