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Barclays

BNP hires Citi forex options head

BNP Paribas has hired a number of foreign exchange employees from rivals Citigroup and Barclays Capital, as the French bank continues a drive to increase its presence in the US and Europe.

Barclays opens first Chinese branch

Chinese regulators have granted UK bank Barclays a branch license for its Shanghai office. The license allows Barclays, including its investment banking arm Barclays Capital, to provide money market and foreign exchange services, and advise corporate…

A step up the ladder

Following Barclays' acquisition of Absa in July, the South African bank has decided to implement the advanced internal ratings-based approach to Basel II. Other banks have decided to follow suit. By Laurence Neville

Barclays appoints Diamond to board

Bob Diamond, one of the architects of Barclays Capital's derivatives business, was formally appointed to the board of the Barclays Group today, and takes on the additional role of group president.

Barclays launches Barx in Asia

Barclays Capital has launched Barx, its online single-dealer interest rate swaps trading platform, in the Asia-Pacific. The electronic platform will enable the region’s investors to trade US dollar and yen interest rate swaps through their Bloomberg…

De Vitry warns of energy market regulatory pressures

Regulatory rules could adversely affect the development of a mature energy trading market, said Benoit de Vitry, global head of commodities and emerging markets rates at Barclays Capital in London, speaking at Energy Risk’s Houston conference.

Burns named president of MR3 Systems

San Francisco-based technology company MR3 Systems has appointed John Burns, an ex-Barclays Metals managing director of derivatives finance, as its president.

Barcap nabs Citigroup equity derivatives salesman

Barclays Capital, the investment banking division of Barclays Bank, has appointed Andrew Stonely from Citigroup as a director in equity derivatives sales. He will be responsible for developing the European equity derivatives flow business.

Basel II is a key driver for real-time info

Speakers at the Cable & Wireless roundtable on real-time information in mid-September all agreed that real-time information (RTI) would help banks manage liquidity, minimise risk and improve operational efficiencies. They also agreed that one of the key…

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