Barclays Capital has named Romeo Uyan, head of credit trading for Asia in Singapore, to a new role as head of Asia credit products. In addition to running cash credit trading, Uyan now oversees the credit derivatives, loans and syndication units for Asia, with the existing business heads, including Eric Slighton, head of Asia-Pacific credit derivatives, reporting into him in addition to their global lines. "This allows us greater coordination in the region for our credit businesses," said Paul Scanlon, spokesman in Hong Kong.
The U.K. house has been increasing its credit derivatives presence in the region in recent years, establishing a credit desk in Hong Kong (DW, 3/21/04) as well as pushing exotic structures to Asian clients such as CDOs incorporating commodity-default swaps (DW, 12/9).
