DrKW recruits corporate repo and collateral trader

Glenn Handley has joined German investment bank Dresdner Kleinwort Wasserstein from Barclays Capital to work within the credit financing and collateral trading (CFCT) team, part of the short-term products and treasury group in London.

The team, run by Walter Kraushaar, global head of CFCT, covers all financing activities in equities and convertibles, high-grade corporates, high-yield bonds, emerging markets securities, asset-backed, mortgage-backed and all non-government bonds, as well as short-term collateral trading.

Handley spent 15 years at Barclays Capital, most recently as a senior corporate repo trader, covering sterling, non-government repo, covered bonds and the funding requirements of the collateral finance group’s clients in all currencies and a number of asset classes. He has also worked as a proprietary government bond trader and a sterling money-market trader.

“He brings significant experience of the repo market, especially in sterling, and will play a pivotal role in driving forward our credit financing and collateral trading activities in London,” said Kraushaar.