UBS has named bankers in Europe, the US and Asia-Pacific to run its new global capital markets group, formed last week to combine its primary and derivative businesses of its equity capital markets and debt capital markets operations.

David Soanes is responsible for running global capital markets in Europe, the Middle East and Africa with a specific focus on the primary business, while sources in UBS in London said Tom Fox will run the business in North America and Steven Barg will have oversight in Asia-Pacific.