Martin Wiedmann leaves UBS

Wiedmann, joint head of global FX distribution and services alongside London-based Fabian Shey, who now becomes sole manager of that group, resigned from the bank on April 27.

Now bankers are eager to learn where Wiedmann – who alongside Shey oversaw UBS’s massive investment in e-commerce and its subsequent toppling of Citigroup as the number one FX bank last year – is headed.

One possibility touted by some bankers last week was a move to the Credit Suisse Group, to manage an FX initiative wi