Ed Peter: the sequel?

New ABN equities head, Alastair Barr begins an Ed Peter-like hiring binge.

In the past 18 months few people in Asian broking have hired with the gusto of Deutsche Bank's equity boss, Ed Peter. However, he may now have some competition from ABN AMRO.

For those people who assumed ABN had de-emphasised broking, Alastair Barr's latest round of hiring - he will announce 24 new recruits in the coming days - will cause them pause.

New head of equities, Barr moved from running Australia four months ago with a remit from Amsterdam to rebuild the Asian broking business. The Scot, who is an ex-analyst and has been in broking for 21 years, is a straight-talker and says anyone who is cynical about...

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