UBS hires M.Stanley banker to grow convertibles

LONDON Aug 13 (Reuters) - UBS (UBSN.VX) (UBS.N) has hired Morgan Stanley's (MS.N) Armin Heuberger to head its equity-linked capital markets business for the Europe, Middle East and Africa (EMEA) region.

Morgan Stanley topped Thomson Reuters EMEA convertibles league table, underwriting 13 deals out of 35 issues so far this year, while UBS has handled three deals, including Air France-KLM's (AIRF.PA) $919 million convertible bond in June.

Heuberger will replace James Eves, who will take on a new role advising financial institutions on equity capital markets (ECM) in EMEA, according to an internal UBS e-mail.

Both will report to Peter Guenthardt, head of ECM for the region.

Heuberger was co-head of the same business at Morgan Stanley. He will now also run UBS's ECM business in Germany. (Reporting by Daisy Ku; Editing by David Holmes)