UBS Warburg has hired Martin Teevan from ING Barings to take charge of expanding its global distressed debt group in Europe.

Teevan, who will be based in London, will also trade public and private obligations in his capacity as a director in UBS Warburg's European distressed debt trading group. He will report to Jeff Horan and Drew Doscher, co-heads of global distressed debt and to Brian McBride, co-head of global syndicated finance.