Hedge fund hires Credit Suisse MD leaving UBS for the second time

Credit Suisse technologists may not be a priority for UBS, but those employees are still valued elsewhere. Zohar Melamed, Credit Suisse's chief engineer for wealth management, has been picked up by a quant hedge fund, but this isn't the first time he finds himself leaving UBS.

Melamed joins Qube Research and Technologies in London. He keeps tight-lipped on what he aims to do there, saying "inevitably I will be getting some stuff done."

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Melamed joined Credit Suisse in 2009 as a director in equity technologies. He moved to Hong Kong in 2016, making MD, then returned to London with his most recent role in 2018. Prior to that, he worked at UBS, managing developers in front and middle office equity derivatives. 

Earlier in his career, Melamed was a video game developer, working for StarFox developer Argonaut Games. He left gaming for finance with BNP Paribas, where he became head of technical architecture.

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