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Barclays Capital Appoints Nancy Gloor to Lead Technology as CIO, Americas And
Global Fixed Income Technology Head

NEW YORK, Sept. 11 /PRNewswire/ -- Barclays Capital, the investment banking division of Barclays PLC, announced today the appointment of Nancy Gloor as Managing Director, Global Head of Fixed Income Technology and Chief Information Officer, Americas. Based in New York, Ms. Gloor will report to Kevin O'Reilly, Head of IT and Strategic Planning.
Ms. Gloor was most recently Managing Director for Goldman Sachs -- based in London -- fixed income, commodities and currency technology and was also responsible for finance, operations and resources technology in Europe. Gloor's move, after 17 years at Goldman Sachs, continues the trend of Wall Street leaders leaving established careers at major investment banks in order to capitalize on the rare opportunity offered by Barclays Capital to continue building a North American presence.
"As a young and expanding company, Barclays Capital uniquely offers me the opportunity to create technology solutions that will shape the organization and maintain the forward momentum it's built in North America," said Gloor. "Barclays Capital is known as an innovator, and I'm looking forward to applying that standard to grow the company's global reach, as well as support our advanced internal technology."
In support of Barclays Capital's specialized fixed income investment banking, Gloor will be the creative force behind global technology solutions and platforms, with a focus on increasing financial product and global market roll-outs, while leveraging the company's established position in those areas.
"Nancy's vision for Barclays Capital's IT platform compliments the company's overall drive towards innovation. She offers a distinctive expertise in fixed income technology solutions, as well as the experience of working in both New York and London. Her world view will be key to translating technology beyond Europe and European products," said Kevin O'Reilly. "Barclays Capital rewards talent and execution. Nancy ranks among the most respected professionals on Wall Street, and raises our profile both in technology and New York."
"Our traders depend on robust technology. Under Nancy's direction, our IT platform and trading technology will continue to stay ahead of the curve," said Harry Harrison, Head of US Fixed Income Trading.

Barclays Capital Appoints Gianluca Passaretta as Head of Latin America
Interest Rate Derivatives Trading

NEW YORK, Sept. 9 /PRNewswire/ -- Barclays Capital, the investment banking division of Barclays PLC, announced the appointment of Gianluca Passaretta as Director and Head of Latin America Interest Rate Derivatives Trading. Based in New York, he will report to James Mulvey, Director and Head of Emerging Markets Latin America Rates Trading.
"Gianluca's role is designed to match the firm's expanding marketing effort in Mexico, Brazil and the rest of Latin America for local derivative products," said Mulvey on the appointment. "His in-depth knowledge will be extremely valuable to the team which we continue to build." Recently, the firm hired Gustavo Ferraro as Managing Director with responsibility for Latin American investment banking and debt capital markets."
Mr. Passaretta joins Barclays Capital after eight years with BNP Paribas where he most recently was responsible for Latin America Interest Rate Trading. Prior to BNP Paribas, he worked in Fixed Income Quantitative Research for JP Morgan. Mr. Passaretta received his Master of European Business and BSc from City University Business School in London.

Barclays Capital Continues to Build Its US Securitization Business

NEW YORK, Sept. 24 /PRNewswire/ -- Barclays Capital, the investment banking division of Barclays Bank PLC, continues to build its US securitization business and today announced the appointment of Inna Koren as a Director and Senior Home Equity Analyst.
Based in New York, Ms. Koren will report to Mark Pibl, Head of US High Grade Credit and ABS Research and will be responsible for leading the development of Barclays Capital's home equity loan research. Prior to joining Barclays Capital she was with Wachovia running their ABS Consumer Research and before that she spent 11 years at Prudential as a Senior Vice President in MBS/ABS Research. Ms. Koren started her career at Goldman Sachs in Mortgage Finance.
Commenting on the appointment, Mark Pibl said, "Barclays Capital is becoming a growing force in securitization, with increasing league table positions in autos and credit card ABS. Ms. Koren's experience and knowledge of the US residential mortgage market will round out our presence in this sector, enhancing Barclays Capital's already well established securitization capabilities in the US and Europe."
Ms. Koren's appointment follows three other ABS hires in the US in July; Paul Menefee who joined as a Whole Loan Banker, John Carroll who joined as a Whole Loan Trader and Mark Opila who joined as the Asset Backed Sales team.

Barclays Capital Appoints Mathew Pendo as Managing Director
and Head of US Industrials Group

NEW YORK, Oct. 6 /PRNewswire/ -- Barclays Capital, the investment banking division of Barclays PLC, announces the appointment of Mathew Pendo as a Managing Director in its Investment Banking Division (IBD).
Mr. Pendo will serve as head of the firm's US Industrials group and will be responsible for a coverage team servicing the auto sector and a variety of other industrial and transportation clients. Based in New York, he will report to Peter Goettler, Head of Investment Banking and Debt Capital Markets, Americas.
"Mathew is a talented investment banker with a tremendous range of corporate finance and product experience," said Goettler, commenting on the appointment. "His thoughtful, solutions-oriented approach to client coverage and relationships will be an asset to Barclays Capital as we continue to expand our banking, finance and risk-management franchise in the Americas".
Mr. Pendo joins after an 18-year career at Merrill Lynch where he was most recently Managing Director and Head of Corporate Finance Investment Banking for the Western US.

Barclays Capital Appoints Matthew Basler as Director in Debt Capital Markets

NEW YORK, Oct. 1 /PRNewswire/ -- Barclays Capital, the investment banking division of Barclays PLC, announces the appointment of Matthew Basler as a Director and senior origination coverage officer in its Debt Capital Markets group.
Mr. Basler will focus on relationship coverage and the development and execution of debt financing and liability management transactions with a variety of the firm's corporate clients in the U.S.
Based in New York, Mr. Basler will report to Peter Goettler, Head of Investment Banking and Debt Capital Markets, Americas.
"Matt is an energetic and knowledgeable capital markets professional, who has earned the respect of his many clients through thoughtful and forthright advice, as well as a high standard of performance in execution," said Goettler. "He will make a significant contribution to expanding the breadth of our rapidly-growing US franchise."
Mr. Basler joins Barclays Capital from Credit Suisse First Boston, where he served as a Vice President in their Debt Capital Markets team for 6 years.

Barclays Capital Appoints Directors in Sales

NEW YORK, Sept. 30 /PRNewswire/ -- Barclays Capital, the investment banking division of Barclays Bank PLC, continues to build its sales team in the US and today announced the appointments of Tracy Rowley as a Director in Rates Sales and John Routh and Bob Angelone as Directors in Credit Sales.
Based in New York, Ms. Rowley will report to Tim Cassidy, Head of US Rates Sales. She was previously with Merrill Lynch where she was Vice President in US Government and Derivative Sales.
Mr. Routh and Mr. Angelone will also be based in New York and will report to Andrew Rankowitz, Head of Credit Sales for US institutional clients. Mr. Routh was previously with Goldman Sachs as Vice President for Fixed Income Credit Product Sales. Mr. Angelone was previously with Merrill Lynch where he was a Director in Corporate Bond Sales.
Commenting on the appointments, John Stathis, Head of Sales and Research, Americas said, "The growth of our US business is a key focus for Barclays Capital. The addition of Tracy, John and Bob to our sales team will enable us to continue to promote Barclays Capital's financing, risk management, and trading capabilities, and further develop key client relationships in the US."

Barclays Capital Appoints Bulent Baygun as a Director and
Head of US Fixed Income Strategy

NEW YORK, Oct. 8 /PRNewswire/ -- Barclays Capital, the investment banking division of Barclays PLC, announces the appointment of Bulent Baygun as a Director and Head of US Fixed Income Strategy. Mr. Baygun will be joining the firm at the end of the month and based in New York.
Commenting on the appointment Larry Kantor, Managing Director and Head of Economics and Market Strategy noted, "Bulent brings to Barclays outstanding credentials in relative value and quantitative research, and has developed innovative and profitable models for trading fixed income securities. He will be instrumental in building a top quality fixed income research product to support our growing fixed income franchise."
Mr. Baygun joins Barclays Capital from Salomon Smith Barney, where he worked for seven years, most recently as a Director and Co-Head of Interest Rate Strategy. Prior to that, he was a Research Scientist at Schlumberger-Doll Research. He has a Ph.D. in Electrical Engineering from the University of Michigan.

Barclays Capital Adds Three to Corporate Risk Management Advisory Team

NEW YORK, Oct. 21 /PRNewswire/ -- Barclays Capital, the investment banking division of Barclays PLC, announced the appointments of William Gleason and Marjorie Marker as Managing Directors and Tim Moran as Director to its Corporate Risk Management and Derivatives team. Based in New York, they report to Ed Somekh, Managing Director and Head of Corporate Risk Management and Derivatives.
Mr. Gleason will be responsible for client coverage with particular emphasis on structured and derivative products tailored to addressing risk management and corporate financing needs of the firm's corporate clients. He joins the firm from JP Morgan where he was most recently a Managing Director in Structured Products and Derivatives Marketing. Mr. Gleason received his BS from Cornell University.
Ms. Marker brings corporate finance and financial products accounting experience to the firm. She will assist the firm's clients and professionals in analyzing the accounting ramifications of a wide variety of financing, derivative and capital markets transactions. Prior to joining Barclays Capital, Ms Marker was a Partner with Ernst & Young LLP, where she focused on the accounting for derivatives, convertibles, complex capital market instruments and asset securitizations, and served as accounting advisor to many of the major commercial and investment banks in the United States and the International Swaps and Derivatives Association. Prior to that, she spent 9 years as a Partner with Arthur Andersen LLP in a similar function and was previously head of Accounting Policy at Citicorp. Ms. Marker received her MBA from Columbia University and her BA from New York University.
Mr. Moran will be responsible for developing, analyzing and originating derivatives hedging transactions related to securitizations for both corporate and financial issuers. He joins the firm from Swiss Re Financial Products where he was a Senior Vice President and Global Head of Swaps-in-Trust Marketing. Prior to that, he was Head of Structured Derivatives Marketing and Executive Director with WestLB AG. He received his MBA from New York University's Stern School of Business and his BS from Fordham University.
Commenting on their appointments, Ed Somekh said, "These hires illustrate Barclays Capital's continuing focus on attracting and recruiting some of the best talent as we grow the US franchise. Bill brings a wealth of knowledge and experience with equity, credit and fixed income derivatives and structured products to the firm, consistent with our broad and comprehensive approach to risk management. Tim's unrivaled expertise in all aspects of ABS-based swaps further augments this strategy, and Marjorie -- one of the most highly respected accounting practitioners in the world of derivatives and finance -- represents a powerful resource within Barclays and for the benefit of our clients."

Barclays Capital Appoints Jonathan David as Director in Sales, Americas

NEW YORK, March 2 /PRNewswire/ -- Barclays Capital, the investment banking division of Barclays PLC, is pleased to announce the appointment of Jonathan David as Director in Sales, Americas. Based in New York, Mr. David will report to John Stathis, Managing Director and Head of Sales and Research, Americas.
"Jonathan's experience, market expertise and client relationships will add substantially to our growing US franchise," said Mr. Stathis. "His appointment reflects our commitment to building a top sales team and enhancing our service and distribution capabilities in the Americas."
Mr. David will be responsible for short term and middle market sales in the US and will focus on the development of Barclays Capital's distribution capabilities in both Rates and Credit products to both short duration managers and middle market clients.
Mr. David joins the firm from Bank of America, where he was Head of Investment Grade Sales. Prior to that, he spent ten years at Lehman Brothers in fixed income sales and sales management.

Barclays Capital Appoints Michael Mazzei
As Head of Real Estate Capital Markets

NEW YORK, March 1 /PRNewswire/ -- Barclays Capital, the investment banking division of Barclays PLC, announced the appointment of Michael J. Mazzei as Managing Director and Head of US Real Estate and Commercial Mortgage-Backed Securities (CMBS). Based in New York, he will report to Grant Kvalheim, Global Head of Investment Banking and Credit Products.
"We are thrilled to be able to attract someone with Mike's experience and standing in the industry to head Barclays Capital's entry into the real estate finance business," said Mr. Kvalheim. "Mike is the ideal leader to build a business that will be a significant contributor to the firm's continued growth.
"We expect Mike to build a top-tier real estate capital markets business, which will complement our successful ABS franchise and create a team of about 50 professionals across a variety of disciplines," Mr. Kvalheim continued. "The CMBS market averages some $78 billion in annual issuance, and it therefore represents an important new product area for Barclays Capital and for our clients."
Mr. Mazzei joins Barclays Capital from Lehman Brothers, where he was Managing Director and Co-Head of the Real Estate Investment Banking Group. He also served for 10 years as the Head of Lehman's Fixed Income CMBS business, which he joined at its inception in 1986. That group consistently ranks No. 1 or No. 2 in CMBS underwriting.

Barclays Capital Appoints Four in US Compliance

NEW YORK, March 17 /PRNewswire/ -- Barclays Capital, the investment
banking division of Barclays PLC, is pleased to announce the appointments of
two directors and two associate directors in US Compliance. These
appointments enhance and complement the strong build of the business in the
US.
"These additions demonstrate our commitment to expanding our compliance
effort in the Americas in lock step with the firm's growing business
activities," said Erin Mansfield, Head of Compliance, Americas.
Carol Burnet was appointed as a Director responsible for all compliance
issues related to the firm's research function in the US. She joins from
Credit Suisse First Boston. Doug Freedman was appointed as a Director
responsible for US bank compliance and regulatory relations and AML (Anti-
Money Laundering) compliance. He joins the firm from UBS.
Brian Charikofsky was appointed as an Associate Director responsible for
the firm's AML compliance program in the US. He joins from Salomon Smith
Barney. Lisle Brathwaite was appointed as an Associate Director responsible
for all compliance issues related to the firm's ABS, CMBS, MBS, agencies and
Treasuries businesses in the US. He joins the firm from JP Morgan Chase.
Ms. Burnet and Mr. Freedman will report to Ms. Mansfield. Mr. Charikofsky
will report to Mr. Freedman. Mr. Brathwaite will report to Chris O'Donnell,
Director, US Sales & Trading Compliance.

Barclays Capital Opens Boston Institutional Sales Office

NEW YORK, April 1 /PRNewswire/ -- Barclays Capital, the investment banking
division of Barclays PLC, is pleased to announce the opening of an
institutional sales office in Boston and the appointment of two new directors
to manage and grow that business.
"The establishment of the new Boston office will allow us to provide
top-tier coverage to the Northeast region across our entire product base,"
said John Stathis, Head of Sales and Research, Americas. "The depth of
experience and well-entrenched client relationships of our new team members
will greatly enhance our capabilities as we continue to grow the office in the
future."
Tom Dimond joins the firm as a Director, Credit Sales, responsible for
investment grade credit products. Mr. Dimond will also manage the new office.
He joins Barclays Capital from Goldman Sachs in Boston, where he was in credit
sales for the past 16 years.
Robert Earl joins the firm as a Director, Rates Sales, responsible for
both cash and derivatives rates coverage for institutional sales and will
oversee the development of the business in the Northeast region. Mr. Earl
also joins us after 13 years with Goldman Sachs, based in Boston for the most
recent 10 of those years.
The office is currently under construction and will open formally in June.
Mr. Dimond and Mr. Earl will work out of the firm's offices at 200 Park Avenue
until then. The firm plans to appoint additional sales staff in the near
future.

Barclays Capital Adds Four Derivatives Traders to Its New York Team

NEW YORK, April 21 /PRNewswire/ -- Barclays Capital, the investment
banking division of Barclays PLC, is pleased to announce the appointment of
four new traders to its U.S. Dollar (USD) interest rate derivatives team in
New York.
Mimi Duff joins the firm as a Director and USD derivatives trader,
responsible for the firm's global USD medium term interest rate swap business.
Ms. Duff joins Barclays Capital from Goldman Sachs, where she worked for 11
years, most recently as a US Treasury long bond trader. Prior to that, Ms.
Duff worked in London where she was responsible for USD interest rate trading
and in New York as a market strategist (ranked second in Institutional
Investor's All-Star Fixed Income Research Team -- July 2000).
Frederic Gourtay joins the firm as a Director and USD derivatives trader,
and Alex Pabon joins as a Manager and USD derivatives trader. Both Mr.
Gourtay and Mr. Pabon will focus on trading all USD interest rate swap
products with shorter dated tenors, including Fed Funds indexed swaps, and all
non-LIBOR index swaps. Mr. Gourtay and Mr. Pabon both join the firm from the
New York office of BNP Paribas.
These appointments are in addition to the appointment in late 2003 of
Benoit Chriqui. Mr. Chriqui joined the firm as a Director and USD derivatives
trader responsible for the firm's global USD Exotic business. Mr. Chriqui
joined Barclays Capital from Commerzbank NY, where he had worked for 5 years.
All four report to Mike Bagguley, Managing Director and Head of USD
Derivatives Trading. Mr. Bagguley took his current role in January, moving
from the firm's London office where he worked in the Euro rates trading team.
In this role he was involved in the growth of the Euro swaps business and the
introduction of the Barclays Capital electronic swap trading platform.
Harry Harrison, Managing Director and Head of USD Fixed Income Trading
commented: "These additions strengthen significantly our ability to meet
counterparty needs in an important core product. They allow us to build out
the range and complexity of linear and non-linear derivative product we offer,
including our electronic swap trading platform." He continued: "Our
aggressive hiring plan and investment in technology over the past 12 months
have allowed us to make significant progress in establishing ourselves as a
key liquidity provider to our clients across Treasuries, agencies, derivatives
and inflation-linked products."

Barclays Capital Appoints Mark Howard as Global Head of Credit Research

NEW YORK, April 13 /PRNewswire/ -- Barclays Capital, the investment
banking division of Barclays PLC, is pleased to announce the appointment of
Mark Howard as Managing Director and Global Head of Credit Research. Based in
New York, he will report to Thomas Kalaris, Chief Executive, Americas.
"Attracting a leader of Mark's calibre to head our credit research
business across our global platform reinforces our commitment to providing
clients with the best product in our field," said Mr. Kalaris. "Mark's
experience and profile in the industry will have a significant impact on the
firm's ability to continue to provide to clients outstanding credit strategy
and quantitative research."
Mr. Howard joins Barclays Capital from Lehman Brothers, where he was
Managing Director and Global Credit Strategist, responsible for the firm's
high grade, high yield, emerging market and collateralized debt obligation
(CDO) strategy teams. He also oversaw the firm's US quantitative credit
research effort, as well as its Japanese and European credit strategy teams.
Mr. Howard has been recognized as a fixed income 'All American' by
Institutional Investor magazine for 11 of the past 12 years, including first-
place rankings in seven of those years.
Reporting to Mr. Howard in this role will be the Credit Research team in
the UK and Europe, led by Laura Winchester and Stephan Michel, as well as the
US team led by Mark Pibl and the Asian team led by Jon Scoffin. Gary Jenkins,
former global head of credit research for Barclays Capital, has announced that
he is taking a sabbatical.

Barclays Capital Appoints Six Directors in Emerging Markets

NEW YORK, April 7 /PRNewswire/ -- Barclays Capital, the investment banking
division of Barclays PLC, is pleased to announce the following appointments of
six Directors across Trading, Sales and Research, to its Emerging Markets
business.
"The emerging markets business is a key growth area for the firm, and
these appointments reflect our commitment to developing this platform," said
Thomas Kalaris, Chief Executive, Americas. "The product knowledge and
experience of these new team members will greatly enhance our client
capabilities."
Andrew McDougal joins the firm as Director, Head of Rates Trading for
Eastern Europe, Middle East, Africa (EEMEA) and Latin America. Mr. McDougal
joins us from Credit Suisse Securities in London where he was Head of Trading.
Prior to this assignment, he was Managing Director for Local Markets EEMEA at
JP Morgan London. He reports to Francois Jourdain, Head of Emerging Markets
Rates Trading.
Jose Canepa joins the firm as Director and Head of Sovereign Bond Trading
for EEMEA. Based in London, he will be responsible for trading hard currency
EEMEA sovereign bonds. Mr. Canepa joins the firm from Lehman Brothers where he
was Director, EEMEA Sovereign Bond Trading.
Andrew Caswall joins the firm as Director, Head of Corporate Bond Trading
for EEMEA, based in London. In this role, he will be primarily responsible for
secondary market trading of hard currency corporate emerging debt in EEMEA
credits. Mr. Caswall joins Barclays Capital from ING, where he was a Managing
Director, EEMEA, Corporate Bond Trading.
Both Mr. Canepa and Mr. Caswall report to Diego Gradowczyk, Head of
Emerging Markets Credit Trading in New York.
Ennio Montinaro joins the firm as Director, Emerging Market Sales, based
in New York. Mr. Montinaro was with Merrill Lynch as a Director of Emerging
Markets Sales in New York. Prior to this, he was a market maker in both local
and hard currency assets for Merrill Lynch in London and Johannesburg. He will
report to Andrew Gold, Head of Emerging Markets Sales, Americas, in New York.
Michael Hood joins as Director, Senior Sovereign Strategist for Latin
America, based in New York. Mr. Hood was previously responsible for Latin
America Economics at JP Morgan where his team was ranked first place by
Institutional Investor from 1997 to 2001.
Gautam Jain joins as Director and Senior Emerging Quantitative Strategist,
Americas, based in New York. Prior to Barclays, he was a Portfolio Manager and
Senior Quantitative Strategist for Millennium Partners, a New York based Hedge
Fund and Log International corporation since 1996.
Both Mr. Hood and Mr. Jain will report to Jose Barrionuevo, Head of
Emerging Markets Strategy, Americas.

Rob Bearman Joins Barclays Capital, Chicago

NEW YORK, April 22 /PRNewswire/ -- Barclays Capital, the investment
banking division of Barclays PLC, is pleased to announce that Rob Bearman has
joined the firm as a Director, Rates Sales, based in Chicago.
"Rob brings extensive sales experience and longstanding client
relationships to the table that will enable us to continue to build our rates
business in a key region," said John Stathis, Head of Sales and Research,
Americas. "Adding to our Chicago office allows us to more effectively serve
our clients in one of the nation's top financial markets."
Mr. Bearman will focus on the development of the rates business for
Barclays Capital clients throughout the Midwest region. He will also manage
the firm's Chicago institutional sales office, where Barclays Capital plans to
hire additional staff for the rates sales team in the future.
Mr. Bearman joins the firm after 19 years in rates sales with Goldman
Sachs in Chicago, and he will report to Mr. Stathis.

Suzanne Brant Joins Barclays Boston Sales Office

NEW YORK, April 26 /PRNewswire/ -- Barclays Capital, the investment
banking division of Barclays PLC, is pleased to announce that Suzanne Brant
has joined the firm as a Director, Foreign Exchange (FX) Sales, effective
immediately.
Ms. Brant will focus her efforts on growing the firm's institutional
client base, especially in the New England region. While Ms. Brant will begin
working in the firm's New York office, she will relocate to the recently
established institutional sales office in Boston, when it opens formally in
June.
"Suzanne's experience, market expertise and client relationships will add
substantially to our growing FX business," said Eric Price, Head of FX
Distribution, Americas. "She will also help us to build up our top-tier
coverage of the Northeast region."
Ms. Brant joins the firm from Fleet Boston, where she most recently held
the position of Director, covering asset managers and insurance companies.
For the previous eight years, she worked in FX sales at both Bank of America
and Merrill Lynch.
Ms. Brant will report to Mr. Price, who is based in New York. She joins
the Boston sales team of Tom Dimond, Director, Credit Sales and Robert Earl,
Director, Rates Sales, who were both appointed earlier this month and are
currently also working in New York, pending the new office opening this
summer.

Barclays Capital Appoints Co-Heads in Private Placements

 

NEW YORK, May 20 /PRNewswire/ -- Barclays Capital, the investment banking
division of Barclays PLC, is pleased to announce the appointments of Michael
Kane and Andrew Lee as Co-Heads of the firm's Global Private Placement Group.
The appointments are effective immediately and they will report to Peter
Goettler, Managing Director and Head of Investment Banking and Debt Capital
Markets, Americas.
"Since Mike and Andrew joined Barclays Capital, their efforts have fueled
the Firm's ascension to a top position in the US private market," said
Goettler. "Their leadership of the effort will position the firm for further
growth in this area as we continue to benefit from their energy, talents and
product expertise."
Mr. Kane has been with Barclays Capital for three years and previously
worked at Merrill Lynch. Mr. Lee has been with the firm for three years and
previously worked at Morgan Stanley and Banc of America Securities.


Barclays Capital Expands US Technology Team

* Five New Hires
* Two Internal Appointments

NEW YORK, May 18 /PRNewswire/ -- Barclays Capital, the investment banking
division of Barclays PLC, is pleased to announce seven senior level
appointments to the information technology (IT) organization in New York.
These appointments reflect the firm's ongoing commitment to growing its
support teams in the US to provide a strong foundation for front-office
expansion.
"These appointments represent a major step in increasing the depth and
capability of the IT management team in the US," said Kevin O'Reilly, Head of
Technology and Strategic Planning. "This will better position the New York
organization to meet the growth plans of the business across various
platforms."
Steve Barnes joins as a Director and Head of Fixed Income Middleware. He
will be responsible for creating and supporting common services such as
messaging for the fixed income applications. Mr. Barnes joins from Citadel
Investment Group in Chicago where he was a Managing Director responsible for
research and pricing applications, market data, and messaging infrastructure.
Michael Chi joins as a Director, Fixed Income Pricing and Risk. He will
lead the design, development and delivery of real-time pricing and risk
systems for the US fixed income front office. The critical function performed
by these systems supports the firm's electronic trading efforts. Mr. Chi joins
from Citadel Investment Group where he co-managed a team supporting a credit
trading desk that included structured credit product, high yield, convertibles
and distressed debt.
Richard Wagner joins as a Director, New York Sales and Research IT. In
addition to Sales and Research, Mr. Wagner will assume responsibility for the
New York Collateralized Finance Group IT and Global Research Technology
functions. He joins the firm from Lehman Brothers, where he amassed
considerable investment banking experience, including several years as
Managing Director for various fixed income platforms.
Tim Valuk joins as a Director, Global Credit Derivatives. He will head up
technology for CMBS, home loans and secondary credit trading. He joins from
Goldman Sachs where he created an innovative mortgage-backed securities asset
mining system and was responsible for syndicated loan trading, loan servicing,
whole loan trading and pricing and loan repo systems.
Michael Sanders will join as a Director, Operations, Finance and Human
Resources IT. He joins the firm from Goldman Sachs, where he was the IT
Manager for all US clearance applications, including equities, fixed income
and mortgages. Mr. Sanders was instrumental in designing common clearance
systems for bonds.
The appointments of Mssrs. Barnes, Chi and Wagner are effective
immediately. Mr. Valuk's and Mr. Sanders' appointments begin later this
month.
In addition to these new hires, two current IT Directors have been
appointed to different responsibilities.
Stephen Flaim has been appointed Deputy CIO, Americas. Mr. Flaim will
provide management support to Nancy Gloor, CIO, Americas & Head of Fixed
Income Technology. He will also assume global responsibility for IT financial
management. Mr. Flaim joins IT from the firm's Finance department, where he
ran the cost control team globally for the past four years. He is a Director
and has been with the firm for nine years, with time spent in both planning
and finance.
Matt Cirino, currently a Director and Head of Fixed Income Product
Development in our London office, will be relocating to join the New York
fixed income team.


Barclays Capital Adds 15 to its Equity Derivatives Business Across Three
Continents in Structuring, Trading, and Distribution

LONDON, June 1 /PRNewswire/ -- Barclays Capital, the investment banking
division of Barclays Bank PLC, is pleased to announce the following hires:

Thierry Lucas joins as Director, US Equity Options Trading, based in New
York. Lucas comes from Dresdner Kleinwort Wasserstein where he was Head
of US Equity Derivatives Trading. He reports to Franck Lacour, Head of
Equity Derivatives Volatility Trading.

Francis Ragusa joins as a Director in Equity Products for Japan. Based
in Tokyo, Ragusa will be responsible for Japanese Equity Options and will
report to Dixit Joshi, Head of Equity Derivatives. Ragusa previously
spent 10 years at Credit Suisse First Boston until 2002 where he held the
same role.

Nicolas Cohen-Addad joins as a Director focusing on non-Japan Asia Equity
Derivatives Trading. He will be based in Tokyo and will also report to
Dixit Joshi. He comes from Credit Lyonnais in Hong Kong where he ran the
equity derivatives effort in Asia ex Japan.

Also in Asia, Susan Chan joins as Director, Equity Derivatives
Structuring. Based in Hong Kong, Chan will report to Hassan Houari, Head
of Equity Derivatives Structuring. She was previously with Bear Stearns
in Tokyo and Hong Kong and was responsible for structured Asian equity
products.

Phillipe El Asmar has joined as Head of Investor Solutions in the US. He
reports to Giles Rothwell, Global Head of Investor Solutions and is based
in New York. He was previously at SG Cowen Securities where he was Head
of Retail Sales.

Barclays Capital's Investor Solutions team is responsible for developing
products for institutional clients to distribute to their retail client base.
The Investor Solutions team servicing European clients is also expanding:

-- Guido Contesso has joined from Deutsche Bank to cover Italy
-- Mark Higgins has joined from Societe Generale to cover Scandanavia
-- Uwe Becker and Thomas Fleck join from Credit Lyonnais to cover Germany
-- Xavier Garcia joins from Societe Generale to cover Iberia
-- Mohamed Idriss and Rami Farah join from Credit Lyonnais to cover the
Middle East
-- John Elalouf from Exanne joins to cover France
-- Colin Dickie joins from Keydata to cover the UK

Also in Investor Solutions, Jeff Boey has joined to cover clients in Asia.
He will focus on Central Asia including Taiwan and China. Boey will be based
in Hong Kong and will report to Wayne Breeze, Head of Investor Solutions,
Asia. He was previously with Merrill Lynch.
Dixit Joshi said, "These global hires will help us to continue to provide
innovative equity-linked solutions to our clients. We continue to expand the
depth and breadth of our product and client coverage."
Commenting on the appointments, Giles Rothwell said, "We are pleased that
Barclays Capital is now able to bring our retail structuring expertise and
advice to more clients, especially in the US where were are expanding on the
business we have already developed in Europe and in Asia."
Barclays Capital has made significant progress in the development of
equity-linked structured products for a wide client base ranging from retail
asset managers and private banks to financial institutions and corporates and
will continue to focus efforts on this area of the business.
The hires follow the appointments in April of Regis Loeb as Head of
European Index Options Trading from Credit Suisse First Boston and Mohamed
Yangui as Equity Derivatives Structurer from Credit Lyonnais Securities.


Barclays Capital Adds Five Senior Mortgage-Backed Securities Traders

NEW YORK, June 3 /PRNewswire/ -- Barclays Capital, the investment banking
division of Barclays PLC, today announced the hiring of five senior mortgage-
backed securities traders. All five were most recently with Citigroup, joined
Barclays Capital effective today, and are based in New York.
Tom Hamilton joins as a Managing Director and Head of Mortgage Trading.
Mr. Hamilton had been with Citigroup for 15 years, where he held a similar
position, and focused on the trading of Fannie Mae and Freddie Mac securities.
Scott Wede joins as a Managing Director, had been with Citigroup for 10
years, where he focused on the trading of Ginnie Mae securities.
Levent Kahraman joins as a Managing Director, had been with Citigroup for
8 years, where he focused on the trading of collateralized mortgage
obligations.

David Finkelstein joins as a Director, had been with Citigroup for 4
years, and will focus on the trading of Fannie Mae and Freddie Mac securities.
Chris Flammia joins as a Director, had been with Citigroup for 1 year, and
will focus on using quantitative analysis in mortgage trading.
"We're excited about bringing a strong mortgage trading capability to
Barclays Capital," said Mr. Hamilton. "I think we all feel that this move
jump starts Barclays entry into the mortgage arena and enhances an already
strong fixed income platform in the US."

Barclays Capital Appoints Five in Risk Management, Derivatives

NEW YORK, June 23 /PRNewswire/ -- Barclays Capital, the investment banking
division of Barclays PLC, is pleased to announce the appointments of five new
members in the firm's Corporate Risk Management and Derivatives Group.
Rodrigo Collada and Omar Moreira recently joined as Directors. They will
be responsible for coverage of corporate clients for risk management and
derivative products in Mexico and Brazil, respectively. Mr. Collada joins
from Merrill Lynch in Mexico City, where he was a Director of Debt Sales,
originating fixed income and foreign exchange derivative transactions for
corporate, bank and investor clients; he will be based in New York. Mr.
Moreira joins the firm from Deutsche Bank in Sao Paolo, where he was Managing
Director, Corporate and Institutional Sales, responsible for sales and
structuring of foreign exchange, fixed income and credit derivatives.
Leelee Panno joins as an Associate Director, and will assist in the
continued expansion of the firm's securitization-based derivatives business.
She joins from Swiss Re, where she was a member of the interest rate
derivatives marketing and sales team.
"As we continue to grow our core corporate derivatives marketing effort,
these additions to the marketing team will allow us to broaden our reach to
serve more clients across a range of product lines," said Ed Somekh, Managing
Director and Head of Corporate Risk Management and Derivatives.
Greg Power joins the firm as a Director and Head of U.S. Liability
Management, responsible for developing and strengthening the firm's liability
management franchise. Most recently Greg was at JP Morgan Chase, where he was
a Managing Director and Head of Liability Management, supervising the
structuring, marketing and execution of exchange offers, tender offers,
consent solicitations and open market repurchase programs. Prior to JP Morgan
Chase, Greg spent a number of years at Goldman Sachs also running the
Liability Management Group.
George Manahilov joins as an Associate Director, responsible for risk
management in commodities. He joins from Goldman Sachs, where he spent a
number of years developing derivative-based transactions in the oil and gas,
power, forest products, and metals sectors. He reports jointly to Mr. Somekh
and Martin Woodhams, Head of Commodities Structured Products.
"Concurrent with our core derivatives marketing efforts, we are continuing
to focus on more customized and value-added solutions and on developing a top-
tier structuring and liability management team," said Mr. Somekh. "We will
continue to grow these teams in the near future."

Barclays Capital Appoints Two in Mortgage Backed Securities

NEW YORK, July 13 /PRNewswire/ -- Barclays Capital, the investment banking
division of Barclays PLC, today announced the appointments of Chris Leslie and
Steve Cozine to the firm's Mortgage Backed Securities team.

Mr. Leslie joins Barclays Capital as a Managing Director responsible for
MBS Sales in the US. He joins after 14 years in MBS sales at Citigroup and
brings extensive experience across the broad range of mortgage product,
including both liquid and highly structured product. Mr. Leslie will report
to John Stathis, Head of Distribution, Americas.

Mr. Cozine joins the firm as a Director and Senior Mortgage CMO
(collateralized mortgage obligation) Trader & Structurer. He also joins
Barclays Capital from Citigroup, where he spend the eight years trading CMOs
and was, most recently, Head of non-agency CMOs. Mr. Cozine will report to
Levent Kahraman, Head of CMO Trading.

"Chris and Steve bring a depth of experience in liquid and structured
mortgage products, along with accomplished risk management skills," said
Thomas Hamilton, Head of MBS at Barclays Capital. "Their skills are essential
assets as we continue to build and grow the firms MBS franchise."
Mr. Leslie and Mr. Cozine will both be based in the firm's New York
office.




Barclays Capital CEO Bob Diamond Officially Opens Boston Office

NEW YORK, July 2 /PRNewswire/ -- Barclays Capital, the investment banking
division of Barclays PLC, is pleased to announce that London-based CEO Robert
E. (Bob) Diamond Jr. formally opened its 42nd office at a ceremony yesterday
attended by over 100 clients and Barclays Capital officials in Boston, Mass.

"Establishing Barclays Capital in Boston not only allows the firm to
substantially grow our client service business in the Northeast, but is a
proud homecoming for me personally," said Mr. Diamond, a Concord, Mass.,
native. Mr. Diamond continued: "Opening a Boston office is a natural
extension of the growth of our franchise. Seven of the 25 largest money
managers in the US are based here. The team we have assembled is well-
positioned to provide top-tier service to our Northeast region client base."
Located on the 25th Floor of One International Place, this institutional
sales office will initially be staffed with six professionals, led by Tom
Dimond and Robert Earl. Mr. Dimond is responsible for investment grade credit
products. He joined Barclays Capital in April after 16 years in credit sales
with Goldman Sachs. Mr. Earl is responsible for both cash and derivatives
rates coverage for institutional sales and will oversee development of the
business in the Northeast region. Mr. Earl also joined Barclays in April
after 13 years with Goldman Sachs, based in Boston for the most recent 10
years.

Background on Bob Diamond
Bob Diamond is Chief Executive of Barclays Capital, the investment banking
division of Barclays Bank PLC, and in August 2002 was appointed Chairman of
Barclays Global Investors, the fund management business. He has been a member
of the Barclays Executive Management Committee since September 1997. Based in
London, he joined the firm in summer 1996.
Mr. Diamond was formerly Vice Chairman and Head of Global Fixed Income and
Foreign Exchange at CS First Boston. Based in New York, he was a member of
the Executive Board and Operating Committee of CS First Boston and a member of
the Board of Credit Suisse Financial Products.
Mr. Diamond joined CS First Boston in 1992. Based in Tokyo, he was
Chairman, President and Chief Executive Officer of CS First Boston Pacific,
responsible for Investment Banking, Equity, Fixed Income and Foreign Exchange
for the Pacific region.
Previously, Mr. Diamond was Managing Director and Head of European/Asian
Fixed Income Trading for Morgan Stanley International, and was based in London
for four years. He joined Morgan Stanley in 1979 as Director of Management
Information Systems and became assistant to the Chief Financial Officer in
1980.
Mr. Diamond began his career as a lecturer at the School of Business,
University of Connecticut, from 1976-1977.
A native of Concord, Mass., Mr. Diamond received a Bachelor of Arts degree
in Economics from Colby College in Maine (1974), and an MBA from the
University of Connecticut, where he ranked first in his class (1977). He is a
member of the Board of Trustees, and Chairman of the Investment Committee at
Colby College, Waterville, Maine.

 

David Pondt Joins Barclays Capital Chicago Sales Office

NEW YORK, July 29 /PRNewswire/ -- Barclays Capital, the investment banking
division of Barclays PLC, is pleased to announce that David Pondt has joined
the firm as a Director, Fixed Income Sales.
"Dave brings tremendous industry experience to Barclays Capital. The
Midwest is a critically important region for all fixed income asset classes.
Dave's addition to our Chicago-based team demonstrates our commitment to
building a top-tier fixed income distribution capability in the Midwest," said
Jonathan David, Director in Sales, Americas. "I am very excited to have Dave
on our team. We have already received a very enthusiastic response from major
investing clients throughout the Midwest region."
Mr. Pondt will be responsible for distribution of both rates and credit
products to short duration portfolio managers. He will report to Mr. David,
who is based in New York and to Robert Bearman, Director of Sales in Chicago.
Mr. Pondt joins Barclays Capital from Credit Suisse First Boston in
Chicago, where he was responsible for fixed income sales and derivatives
sales. Prior to Credit Suisse First Boston, Mr Pondt held a similar position
at Lehman Brothers, first in New York and then in Dallas.

 

NEW YORK, /PRNewswire/ -- Barclays Capital, the investment banking division of Barclays PLC, today announced that the firm has created and launched APOLLO, a Collateralized Commodity Obligation (CCO), the world's first rated credit instrument that provides fixed income investors with access to commodities as an asset class. Historically, commodity investors were limited to receiving equity-like returns. This innovative CCO uses derivatives technology to create a debt- style payoff, allowing investors access to a historically uncorrelated asset class and exposure to a basket of commodities in an established fixed income format. The product, which is rated by Standard & Poor's, is structurally similar to a traditional Collateralized Synthetic Obligation (CSO), except that the underlying derivative assets are Commodities Trigger Swaps (CTS). "Trigger events" (as opposed to credit default events) are determined based on commodity price levels. Payment of the principal of the CCO is dependent on the prices of several commodities over a short averaging period immediately prior to the five-year maturity of the CCO. Standard and Poor's has developed a special methodology to rate the CCO which opens doors to a completely new generation of debt products offering investors access to a diverse range of asset classes. The CCO references a diversified and balanced portfolio of CTS, including precious metals, base metals and energy. The other key benefits of the new CCO include: * A rated issuance structure that will be familiar to fixed income investors * Coupons that are structurally protected throughout the life of the product -- they are paid on the full notional of the CCO, irrespective of the price performance of individual commodities * Higher yields than comparably rated corporate bonds and traditional CSOs * Highest triggers well below current price levels Benoit de Vitry, Head of Commodities at Barclays Capital, said: "The CCO opens up commodities as an asset class to a new group of clients. This is a great example of how Barclays Capital has worked in an integrated way to leverage the strengths of both its credit and commodities businesses to come up with an innovative solution to meet clients' needs." The CCO has been marketed by Barclays Capital to clients such as insurance companies, commercial banks and hedge funds in Europe, the US and Asia. The launch of the CCO follows the first CFO bond linked to the HFRX Index launched in Europe in June from Barclays Capital and Hedge Fund Research (HFR), a provider of hedge fund data and indexation. About the CCO -- Transaction Structure * A Special Purpose Vehicle (SPV) issues notes to investors and invests the proceeds in LIBOR yielding assets. Simultaneously, the SPV sells protection in the form of CTS to generate premium income. * The CCO has been structured such that the 'trigger events' (which determine the level of principal paid back) can only be triggered immediately prior to the five year maturity of the CCO, at which point all coupons will have been paid. * A 'trigger event' causes impairment of capital. There is however no impairment of coupon. * These losses are apportioned to the investors based on their position in the capital structure -- investors at the lowest end lose their principal before those higher in the structure.

Today announced the appointments of nine professionals to the firm's Residential Mortgage-Backed Securities (RMBS) team. "The addition of these talented professionals enhances the team's capabilities and enables us to open for business on a national scale, offering the full range of RMBS sales, structuring and trading to our clients," said Tom Hamilton, Managing Director and Head of RMBS at Barclays Capital. "We are very pleased to have assembled such a top-notch team." Will Sylvia joins Barclays Capital as a Director of Collateralized Mortgage Obligations (CMO) Trading. Mr. Sylvia joins the firm from Citigroup, and prior to that, he was head of retail mortgage trading at Prudential Financial. Mr. Sylvia will be based in New York and will report to Levent Kahraman, Managing Director and Head of CMO Trading. Joining Mr. Sylvia on the CMO Trading desk are Rohit Kumar, Associate Director, and Carla Giugliano, Manager. Mr. Kumar joins the firm after six years in the fixed income quantitative research department at Citigroup. Ms. Giugliano also joins from Citigroup, where she was a member of the CMO trading team. Mr. Kumar and Ms. Giugliano will both be based in New York and will also report to Mr. Kahraman. Six sales professionals have also joined the Mortgage-Backed Sales team and will all report to Chris Leslie, Managing Director and Head of Mortgage- Backed Sales. Brad Boyse, John Cully, Wayne Lawrence and Pat Niro all join as Directors. Steve Peters joins as an Associate Director. Dan Harvey joins as a Manager. Mr. Boyse joins Barclays Capital from Goldman Sachs in San Francisco, where he spent more than seven years distributing MBS, ABS (asset-backed securities), CMBS (commercial mortgage-backed securities) and other structured products. Mr. Boyse will be based in San Francisco and will be responsible for building the mortgage-backed business in the West Coast region. Mr. Cully joins the firm from Prudential Financial, where he was responsible for marketing of various products to the regional dealer community. Based in New York, he will focus on MBS distribution to the regional dealer community. Mr. Lawrence joins after 17 years at UBS, where he was responsible for distribution of MBS, ABS, CMBS and other structured products. Based in Boston, Mr. Lawrence will develop the MBS franchise in the Northeast region. Mr. Niro joins from JP Morgan Chase, where he spent the last 5 years of his 13-year career responsible for distributing MBS, ABS and CMBS to various clients on the east coast. He will be part of the New York-based sales effort for the franchise. Mr. Peters joins after 8 years at Citigroup, first in Atlanta and then in Chicago, where he was responsible for distribution of MBS, ABS, CMBS and other structured products. He will be based in Chicago. Mr. Harvey joins after years at both CSFB and FIMAT in the fixed income market. Based in New York, he will be part of the New York sales effort. These appointments continue the build of a RMBS franchise that began in June of this year, when Mr. Hamilton joined the firm from Citigroup, along with Mr. Kahraman, Scott Wede (Managing Director), David Finkelstein (Director) and Chris Flammia (Director). Mr. Leslie and Steve Cozine joined in July. Mr. Cozine is a Director and Senior CMO Trader and Structurer.

NEW YORK, Aug. 10 /PRNewswire/ -- Barclays Capital, the investment banking division of Barclays PLC, today announced the appointment of Peter Toolan as a Director on the Corporate Risk Management and Derivatives Management team. He will be responsible for marketing and structuring work to corporate clients across many product areas including interest rates, currencies, commodities and credit derivatives. "Pete's extensive experience in the derivatives market, across a broad range of clients and products, makes him a valuable addition as we continue to build our corporate derivatives team," said Ed Somekh, Managing Director and Head of Corporate Risk Management and Derivatives. "Pete will run one of our client coverage teams, and we are very excited that he has joined us." Mr. Toolan joins the firm from Merrill Lynch, where he was a Vice President in Corporate Derivatives, responsible for the development and marketing of derivatives for a variety of US corporations. Prior to that, Mr. Toolan was a senior auditor at Ernst and Young. Mr. Toolan holds an MBA from Columbia University and a bachelor's degree from Villanova University. Based in New York, Mr. Toolan will report to Mr. Somekh.

Mr. Lima will oversee all of the firm's investment banking activities in Brazil, including the coverage of the largest Brazilian and multinational companies and financial institutions as well as the sovereign and its agencies. He will be based in the firm's Sao Paulo office and will report to Carlos Mauleon, Head of Latin American DCM & Investment Banking, who is based in New York. "Alceu brings a wealth of experience and long-standing relationships with Brazil's corporate clients to the firm, and he will enable Barclays Capital to expand its footprint in this critically important and rapidly growing market," said Mr. Mauleon Prior to joining Barclays Capital, Mr. Lima was a director of Citigroup Global Markets based in Sao Paulo and responsible for the investment banking coverage of companies in the Financial Institutions, Electricity and Oil and Gas sectors. Prior to Citigroup Mr. Lima was a senior vice president and head of Brazil for Lehman Brothers, responsible for executing transactions for some of the country's largest and best-known corporations and sovereign entities. Before his tenure at Lehman Brothers, Mr. Lima was a vice president for the Brazilian investment banking division of Citibank.

 

Granger Tripp, Peter Bjursten and Alicia Van Oast have joined the firm's institutional fixed income sales effort in San Francisco, Calif. All three are joining Barclays Capital as Directors in fixed income sales, and all three are joining from Lehman Brothers. "The addition of these sales professionals brings Barclays Capital tremendous fixed income experience and established investing client relationships," said Jonathan David, Director in Sales, Americas. "Their addition highlights the momentum of our growing business and Barclay Capital's commitment to building a top-notch distribution capability. "The West Coast is a critically important market. These additions allow Barclays Capital to better serve these important investing clients. We will continue to aggressively build a top-tier distribution effort," Mr. David added. Granger Tripp joins the firm as a Director in sales and will be responsible for distribution of fixed income products to institutional investing clients. Mr. Tripp joins from Lehman Brothers in San Francisco where he was a senior vice president in fixed income sales. Mr. Tripp had been with Lehman Brothers since 1986. He is a graduate of George Washington University. Peter Bjursten joins Barclays Capital as a Director in fixed income sales and will be responsible for distribution of fixed income products to institutional investing clients. He had been with Lehman Brothers since 1993. Mr Bjursten is a graduate of the University of California at Santa Barbara and holds an MBA from the University of San Francisco. Alicia Van Oast also joins as a Director in sales. Ms. Van Oast will be responsible for institutional sales for West Coast-based short-duration portfolio managers. She was previously a vice president in institutional sales at Lehman Brothers in San Francisco. Prior to Lehman Brothers, Ms. Van Oast was with Goldman Sachs in New York. She is a graduate of the University of Michigan. Mr. Tripp, Mr. Bjursten, and Ms. Van Oast will report to Mr. David, who is based in New York, and to Rudy Bruno, Director of Sales in San Francisco.

 

 

 

 

 

 

 

 

 

 

 

 

 

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