Barclays Capital is looking to boost its presence in the Japanese credit derivatives market with a wave of hires in the coming months. "Barclays overall is engaged in a very aggressive expansion this year in Japan and we're part of that," said Eric Slighton, head of Asia-Pacific credit derivatives in Hong Kong.
Over the last year Slighton has established a credit structuring presence in Asia and bulked up its trading desk (DW, 8/20) and is now focusing on a similar strategy in Japan. The firm plans to add a handful of structurers and traders in the next few months.