The head of equity distribution in the Americas at UBS has left to take up a global sales role at Jefferies, the second senior departure from the Swiss bank's equities business to come to light this week.

Matt Foulds left UBS last week after more than a decade at the Swiss bank, according to three people familiar with the situation. He first joined UBS in London, before later moving to New York, according to a memo announcing his departure seen by Financial News.