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A round-up of the latest positions for those in finance, covering investment markets worldwide

President of Banc of America, Carter McClelland, is handing over responsibility for the bank's equities business to Jon Sandelman. He will report to Ed Brown, head of corporate and investment banking. Sandelman joined the bank in 1998, heading its equity derivatives and convertible bonds business. David Shulman has been appointed global head of fixed income distribution at UBS Warburg following the departure of Kevin Regans. Based in Stamford, Connecticut, Shulman and Regan have worked together for the past five years structuring the group's global distribution teams. Shulman will take re...

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