Barclays hires 6 in stock trading push

Jes Staley Interview Pic

Barclays is continuing its push to expand stock trading with six senior hires.

Bloomberg News reports that the bank appointed Mike Lewis as managing director of U.S. equities cash trading in New York, according to Brittany Berliner, a spokeswoman. Lewis, who starts in November, spent 13 years at Morgan Stanley, where he helped develop the firm’s block-trading capabilities.

Barclays also added Andrew Rouff and Justin Kantrowitz, both from Credit Suisse, for the consumer-trading desk in New York. Rouff, a managing director, will focus on trading while Kantrowitz will be a director and a desk-based analyst covering consumer stocks. Both will start in October.

Bloomberg also reported that Barclays has also hired a team of equity analysts from rival Societe Generale SA as CEO Jes Staley seeks to make more money from trading stocks.

Warren Ackerman has joined from the French bank as head of European consumer equity research along with Michael Sanderson, who will be Barclays’s co-head of diversified financial research, the London-based lender said in a statement. Four other analysts are also leaving for the U.K. bank.

Barclays Expands Cash-Equities Trading With Six Senior Hires

Barclays Lures Large Analyst Team From SocGen



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