Barclays Capital, the investment banking division of Barclays PLC, has announced the appointments of William Gleason and Marjorie Marker as Managing Directors and Tim Moran as Director to its Corporate Risk Management and Derivatives team. Based in New York, they will report to Ed Somekh, Managing Director and Head of Corporate Risk Management and Derivatives.
Gleason will be responsible for client coverage with particular emphasis on structured and derivative products tailored to addressing risk management and corporate financing needs of the firm’s corporate clients. He joins the firm from JP Morgan where he was most recently a Managing Director in Structured Products and Derivatives Marketing.
Marker brings corporate finance and financial products accounting experience to the firm. She will assist the firm’s clients and professionals in analyzing the accounting ramifications of a wide variety of financing, derivative and capital markets transactions. Prior to joining Barclays Capital, Marker was a Partner with Ernst & Young LLP, where she focused on the accounting for derivatives, convertibles, complex capital market instruments and asset securitizations, and served as accounting advisor to many of the major commercial and investment banks in the United States and the International Swaps and Derivatives Association. Prior to that, she spent 9 years as a Partner with Arthur Andersen LLP in a similar function and was previously head of Accounting Policy at Citicorp.
Moran, who joins the firm from Swiss Re Financial Products where he was a Senior Vice President and Global Head of Swaps-in-Trust Marketing, will be responsible for developing, analyzing and originating derivatives hedging transactions related to securitizations for both corporate and financial issuers. Prior to that, he was Head of Structured Derivatives Marketing and Executive Director with WestLB AG.
Commenting on their appointments, Ed Somekh said, “These hires illustrateBarclays Capital’s continuing focus on attracting and recruiting some of the best talent as we grow the US franchise. Bill brings a wealth of knowledge and experience with equity, credit and fixed income derivatives and structured products to the firm, consistent with our broad and comprehensive approach to risk management. Tim’s unrivaled expertise in all aspects of ABS-based swaps further augments this strategy, and Marjorie — one of the most highly respected accounting practitioners in the world of derivatives and finance — represents a powerful resource within Barclays and for the benefit of our clients.”