Barclays hire

Barclays builds Greater China solutions business

Former Morgan Stanley banker Philip Tsao has joined Barclays Capital to offer global finance and risk solutions to clients in Greater China.
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Photo: AFP</div>
<div style="text-align:right; font-size:7pt; color:rgb(119, 119, 119);"> Photo: AFP</div>

Barclays Capital has hired Philip Tsao, a former managing director within Morgan Stanley’s institutional equities division, to head its global finance and risk solutions business for Greater China.

Tsao, who started work at Barclays in Hong Kong on Monday, is charged with leading the bank’s financing and risk management franchise for corporate clients and financial intermediaries throughout Greater China.

The business is co-headed in Asia-Pacific by Patrick Kwan and Andy Jones, and comprises debt and equity capital markets, loan origination, leveraged finance, financing and risk solutions, and enterprise risk management. Tsao will provide senior coverage for clients in Greater China, helping them to identify and capture business...

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