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People News - Barclays, HSBC

HSBC Canary Wharf

Barclays named Chris Leonard to run U.S. rates trading, recruiting the founder of hedge fund Arcem Capital LLC to turn around the business that was blamed for a dragging down the investment bank’s results last quarter.

Instinet appoints US Head of Sales for Commission Management Services business

Instinet Logo

Instinet has announced the appointment of Scott Douglass as US Head of Sales for its Commission Management Services (CMS) business. Based in New York, Scott will be responsible for the US CMS Sales of Instinet's comprehensive suite of CMS products including: BrokerShare(R), T*Share(TM), Broker Vote, Budget Tool, Research Interaction Tracker and RQ Connect(TM) within its Plazma® platform.


Oliver Twist

Wall Street wary of 'hunger bonds'

The Venezuelan debt that Goldman Sachs bought last month may be known as “hunger bonds” to many in the international community, but they’re earning a different moniker on Wall Street: repudiation bonds.