Barclays hires Jorge Munoz for Asia ECM role

Deutsche Bank's head of equity syndicate for Asia skips a planned move to London to help Barclays Capital build an ECM platform in Asia instead.

Jorge Munoz, Deutsche Bank's equity syndicate head for Asia who was due to leave the region in the next couple of weeks for a similar role at Deutsche in Europe, has decided to leave the firm altogether and join Barclays Capital instead.

Sources say Barclays has snapped up Munoz for its equity capital markets team in Asia, which it is in the process of building. The UK bank is making a strong push into equities in Asia to match its US presence in this asset class that it gained when it bought Lehman Brothers' American operations at the end of 2008. Barclays has had an ECM team in Asia before, but it has primarily been...

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