After mass departures of ex-Lehmanites from the U.S. equities sales and trading desks this year, new investment banking CEO Tim Throsby has said that Barclays is building its markets business again. However, it's also hiring for its IBD.
Barclays’ latest significant investment banking hire in the U.S. is Joseph Hegner, a managing director who recently joined the bank’s Chicago office after working at Merrill Lynch for close to 15 years, where he specialized in hospital mergers and acquisitions and healthcare. Before that, he was a vice president at Goldman Sachs for five years.
Barclays has just also poached Robert Tzucker, the ex-head of U.S. inflation trading at BNP Paribas, to lead its business in New York. This is his second stint at Barclays, having originally worked for the bank between 2003 and 2009, moving up from fixed income research to inflation-linked securities trading in 2006.
Also earlier this month, Barclays hired Kristen Macleod, a former Goldman Sachs MD in U.S. FX sales, and Filippo Zorzoli, the ex-head of EMEA rates sales at Bank of America Merrill Lynch, in its New York office.
Barclays is hiring in other divisions as well.
For example, it recently brought on Joseph Noto as managing director and the head of funding and liquidity management for its treasury business in New York. Most recently, he was a managing director at Citadel. Prior to that, he worked at Bear Stearns until that firm folded, at which time he joined J.P. Morgan as an executive director, eventually getting promoted to MD, deputy head of financing and investor services, and CIB Treasurer.
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