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UBS’s ‘Warrants King’ Has a New Role Managing Hong Kong Wealth

  • Yu plans to use contacts among wealthy lawyers, doctors
  • Warrants trading jumped in 2017 amid surging Hong Kong stocks
UBS AG Headquarters Ahead Of Third-Quarter Results

Photographer: Gianluca Colla/Bloomberg

Johnny Yu, who earned the nickname “King of Warrants” during his 13 years selling the financial derivatives at UBS Group AG in Hong Kong, is moving to the bank’s wealth management unit.

Yu said he’s hoping to use the contacts he built selling warrants to the territory’s lawyers, doctors and other professionals to find new customers for the Swiss bank’s wealth division.