BBVA poaches Isla from BarCap

BBVA has hired Lorenzo Isla as head of credit derivatives structuring. Isla will be based in Madrid. He joins from Barclays Capital in London, where he was head of structured credit strategy.

Isla will be responsible for credit derivatives structuring, reporting to Justo del Rufino, head of the global credit business. He will also develop BBVA's credit derivatives platform across asset classes.

The hiring of Isla will consolidate BBVA's position in the Spanish and Latin American credit derivatives

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