Barclays hires head of equities trading for Asia-Pacific

Mike Di Iorio joins from Nomura as the UK bank continues to build its equities platform in the region.

Barclays Capital, the investment banking arm of Barclays plc, has hired Mike Di Iorio from Nomura to fill a new position as head of equities trading for Asia-Pacific, according to a release yesterday. The hire confirms the bank’s intention to continue to grow its equities business in Asia despite the announcement of layoffs at the bank globally earlier this month.

Di Iorio will oversee the firm’s equities trading business across the region, including Australia and Japan, which spans cash equities, convertibles, derivatives, index arbitrage and program trading. The business has been growing rapidly since the bank decided to make a serious push into equities in Asia to match its US presence in this asset class,...

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