23 Oct 2003, John Ferry, Risk magazine
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.