UBS has strengthened its equity trading and derivatives business in the Asia-Pacific region as the Swiss bank's expects activity to rebound this year on the back of increased market volatility. Stephane Petermann, former co-head of global equities derivatives trading Asia at Societe Generale, is set to join the Swiss bank as head of equity derivatives trading in the region in April. Petermann had been internally appointed in the summer of 2016 to lead the French bank's global FX options unit. H

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