A former London-based partner at Goldman Sachs has joined UBS to spearhead the development of one of the Swiss bank's key growth businesses as global head of corporate equity derivatives.

Salvatore di Stasi, known as Chicco, has joined the Swiss bank and in his new role he will report to Matthew Koder, global head of global capital markets at the bank since it merged its equity and debt capital markets businesses in May 2008. Di Stasi will also report to Jason Barron, who runs UBS' overall global equity derivatives business, according to a statement from the Swiss bank today.