Marc Warm has been appointed as the new global head of leveraged and debt capital markets at UBS. This appointment comes as part of a reshuffle within UBS's investment banking division.

Warm, who previously held a leadership position in leveraged finance at Credit Suisse, takes over from David Slade, who has now become the vice-chair of global banking. UBS's focus on enhancing its leveraged finance capabilities is highlighted by this change in leadership.

The restructuring is in line with UBS's strategy to strengthen its senior dealmaker teams and adapt to the changing financial landscape. It is expected that this move will help UBS strengthen its position in the competitive leveraged finance market.