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Matt Roux to join UBS prime brokerage group as co-head of US securities lending

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Matt Roux is join UBS Investment Bank’s prime brokerage group in September from Deutsche Bank as an executive director and co-head of US securities lending alongside Mike Kelleher, who has

Matt Roux is join UBS Investment Bank’s prime brokerage group in September from Deutsche Bank as an executive director and co-head of US securities lending alongside Mike Kelleher, who has been promoted to co-head of the business. Roux and Kelleher will be based in New York and report to Chris Hagstrom, joint global head of equity finance within equities prime brokerage.

‘In these dynamic markets, we are committed to anticipating and addressing the evolving needs of our hedge fund clients,’ says head of US prime brokerage Matt Pecot. ‘Securities lending is a key offering within the full suite of products we offer, and Matt and Mike have complementary expertise to lead our efforts in this area.’

UBS’s equity finance group encompasses securities lending and swaps. In their new roles, Roux and Kelleher will focus on securities lending and work closely with the swaps group to strengthen UBS’s solutions-based approach to its hedge fund clients.

At Deutsche Bank, Roux was a director in both swaps and securities lending, having begun his career at Citadel, where he spent seven years on the finance team in Chicago and London. Kelleher has been with UBS for eight years and was formerly responsible for the hedge fund coverage team.

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