Union Bank of Switzerland has appointed Charles Zabriske to the newly created position of managing director and head of structured finance operations in North America.

Mr. Zabriske, 35, reports to Richard C. Capone, senior managing director and head of UBS North America's corporate and institutional banking and business development divisions. Based in New York, Mr. Zabriske is responsible for managing UBS's asset securitization, project finance, public finance and real estate finance.

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