UBS has placed a London-based managing director in its strategic equity solutions team in charge of a new group spanning all corporate debt and equity financing work with an emerging market focus, in an effort to tap into the growth potential of developing economies.

The Swiss bank has created a dedicated Emea financing team for emerging markets work that will sit within its corporate client solutions unit, which spans advisory and capital markets activities, according to a memo sent to staff on April 22 by Emea corporate client solutions head William Vereker and seen by Financial News.