BarCap trims equity derivatives heads

The reduction in staff at Barclays Capital continues with a series of departures from its equity derivatives business, including two of its senior London-based equity derivatives traders and one of the co-heads of investor solutions in Switzerland.

Barclays Bank headquarters in London

Peter Pilavachi, co-head of investor solutions at BarcCap in Zurich, left the bank on January 13, while Nick Nassuphis, head of equity exotics and structured products trading, and Regis Loeb, head of European volatility trading, left in the same week.

BarCap confirmed in November that it had begun a consultation process in the UK to reduce headcount. The bank said it would continue to hire selectively across those parts of the business that are growing.

One of those hires is Rob Heck, who joins

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here