Barclays hires two senior energy traders

UK bank reaffirms its presence in commodities with hires from Credit Suisse and Mercuria

Barclays: new hires in energy trading

Barclays has hired two senior energy traders to beef up its commodities business, according to an internal bank memo obtained by The bank has suffered a raft of departures in recent years as it scaled back its ambitions in the commodity markets.

Russell Ballato, the former global head of energy trading at Credit Suisse, is set to join Barclays later this week as a New York-based managing director and head of energy trading, the July 20 memo says. Credit Suisse announced it was shutting

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