Steven Margetis recently joined UBS as an associate director in the global structured finance CDO department, reporting to Executive Director James Stehli. Margetis, who joins from ACA where he worked for two years, will be responsible for ABS CDO origination. Prior to his stint at ACA, Margetis had worked at Prudential Securities.

UBS is ending the quarter as the top underwriter in CDOs, with roughly $2 billion sold.

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