Barclays builds FIG team

Steven Sun leaves UBS to become head of Barclays' financial institutions group for Asia-Pacific.

While some banks are planning for further cut-backs and pay-caps, others are taking advantage of the economic downturn to expand. Barclays Capital, the investment banking division of Barclays Bank, is doing just that, having hired Steven Sun as managing director of its financial institutions group FIG for Asia-Pacific. 

As regional head, Sun will lead the firm's Asian FIG team and will be responsible for driving business development activity with clients, developing strategies with Barclays Capital's country coverage...

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