BarCap shutters exotic asset liability team

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BarCap shutters exotic asset liability team

November 26, 2010 (Last updated: November 30, 2010)

From Daniel Flatt

The British investment bank has closed down its exotics asset liability management desk in Asia. It is understood two out of the team of five were let go while the other three were shifted to other departments.

Barclays Capital has closed down its Asian financial institution solutions group (FIS), a five-person team focused on providing exotic asset liability management and solvency products to clients, asiamoney.com can exclusively reveal. The desk is understood to have shuttered about two...

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SOUTHEAST ASIA DCM

Rank

Bookrunner Parents

Deal Value $ (Proceeds) (m)

No.

%share

2012 YTD Rank

Standard Chartered Bank

3,991

8.9

HSBC

3,710

8.3

Goldman Sachs

3,333

7.4

Deutsche Bank

2,895

6.4

Citi

2,774

6.2

JPMorgan

2,288

5.1

DBS

2,106

4.7

Siam Commercial Bank

1,835

4.1

Barclays

1,586

3.5

CIMB Group

1,523

3.4

Subtotal

26,040

123

57.9

Total

44,958

212

100.0

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