UBS’ U.S. credit trading co-head Anatoly Nakum has stepped down from his post, The Wall Street Journal reports. He will be succeeded by Eric Rosen, who was hired in May to take charge of credit flow trading at the Swiss bank. Michael Cannon and Michael Wellins have also been re-appointed as investment grade trading joint heads of the unit. Nakum’s departure is followed by the exit of former co-head of global fixed income Dimitrios Psyllidis.
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