Another Deutsche Bank FX MD joined Barclays
Wednesday, September 12, 2018
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For senior bankers going Deutsche Bank, Barclays is turning into a destination of alternative. the British bank has simply employed yet one more senior person from its German rival.
Jeremy Monnier, the previous international head of FX structuring at Deutsche Bank, has simply joined Barclays per his LinkedIn profile. He joins the British bank as a director. Barclays did not straightaway reply to a call for participation to inquire into Monnier's job title.
Monnier's arrival comes once Barclays recruited each Fabio Madar and James Hasset from Deutsche Bank in Gregorian calendar month. Madar was Deutsche's international head of FX coverage. Hasset was Deutsche's head of FX commercialism.
Alongside its Deutsche FX hires, Barclays has additionally recruited Andrew Tusa, Deutsche's former head of company broking, and Darren Campili, WHO antecedently ran Deutsche Bank's care team. Barclays additionally employed Jeffrey Wasserman, a former strat on Deutsche Bank's mounted financial gain team.
While Deutsche Bank is cutting prices and curtailing travel, Barclays remains in growth mode and has been busy hiring in managing administrators from rivals. several of these it's recruited from dB were abandoning by the German bank, which means Barclays can are cleared from the requirement to buy-out their previous bonuses. In August, Barclays employed a senior structurer from Goldman Sachs. Structurers square measure back in fashion as investors request to hedge against a broader vary of variables than before.
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