Barclays' hiring spree

NeroTulip · Post by **NeroTulip** » Wed Jun 16, 2004 11:28 pm

Xcuse me, what product launch are you refering to?

I'm interested in what they are up to in IR dervatives in London, if anybody has specific knowledge...

Reg · Post by **Reg** » Thu Jun 17, 2004 12:02 am

[i]Xcuse me, what product launch are you refering to?[/i]

some vanilla IR derivatives live trading platform

[i]I'm interested in what they are up to in IR dervatives in London, if anybody has specific knowledge...[/i]

They hired 3 $ IRD traders recently, one of them being a frnd of mine. I found this after I noticed that I started seeing them more often than usual in the market.

My other comments were on 5 MBS traders actually...

Nonius · Post by **Nonius** » Thu Jun 17, 2004 1:47 pm

(empty post)

JabairuStork · Post by **JabairuStork** » Fri Jun 18, 2004 4:28 am

Well, I don't know anything about what may or may not be "up your alley", but I know that a shitload of people have been joining the London credit struct desk, half or a quarter of a load in NYC, and maybe one or two in Asia. No end it sight.

Martingale · Post by **Martingale** » Fri Jun 18, 2004 4:41 pm

Yeah, someone was supposed to give a talk at the confernece I was attending but then he did not show up since he just started that day at Barclay's(and he was at other bank before).

LondonPete · Post by **LondonPete** » Mon Sep 13, 2004 4:36 pm

http://www.efinancialcareers.com/article_270.cfm?storyref=18500000000054518&

[i]"[/i][i]BarCap[/i] [i]added 1,300 jobs worldwide in the first seven months of this year, taking its payroll to about 7,000... BarCap has been the most aggressive hirer in the market this year, paying way above premium to new hires, with lots of deals involving guaranteed bonuses of around two years,' said a source. Stories of young proprietary traders offered pay packages of more than £1m (€1.5m) have attracted recruits while deterring their previous employers from trying to keep them. "[/i]

quantie · Post by **quantie** » Tue Nov 23, 2004 8:19 pm

[edit]

balrog · Post by **balrog** » Wed Nov 24, 2004 11:02 am

James - they were looking for distressed debt analysts / traders for prop as few months back

Reg · Post by **Reg** » Wed Nov 24, 2004 3:31 pm

they just poached an 8-strong NY credit derivatives trading team from Citi.

Graeme · Post by **Graeme** » Fri Nov 26, 2004 6:48 pm

Are they also on a buying spree? they're in the final stages of taking out the biggesst retail bank here (South Africa). With 30% of the domestic market and bits and bobs throughout Africa, it's quite a big punt. Are they doing the same sort of thing elsewhere/