UBS has hired Mike Weir, a veteran of Citadel Securities, as a loan trader.

UBS spokesman Christiaan Brackman confirmed that Weir joined the Swiss firm today. Weir, who ran the loan trading desk at Citadel, reports to Jeff Teach, head of leveraged finance trading.

Prior to joining Citadel in 2009, Weir worked at Morgan Stanley.

His move to UBS was reported earlier by Bloomberg.

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