BarCap expands corporate risk management advising team

Barclays Capital (BarCap), the investment banking arm of Barclays Bank, has hired three new staff to work in its corporate risk management and advisory team in New York.

William Gleason joins from JP Morgan Chase, where he was a managing director in structured products and derivatives marketing.

Marjorie Marker also joins as a managing director from US accounting firm Ernst & Young, where she focused on accounting for derivatives, convertibles and asset securitisations. Marker will analyse the accounting ramifications of a wide variety of financing, derivatives and capital market transactions at BarCap. Before working for Ernst & Young, Marker was a partner for nine years with accounting firm Arthur Andersen, and was previously head of accounting policy at Citicorp.

Finally, Tim Moran has been recruited from Swiss Re Financial Products, where he was global head of ‘swaps-in-trust’ marketing. He joins BarCap as a director analysing and originating derivatives hedging transactions related to securitisations for both corporate and financial issuers. Prior to working for Swiss Re, Moran was head of structured derivatives marketing at German bank West LB.