David Norris, former credit derivatives trader at UBS in Stamford, Conn., is heading to Barclays Capital to take on a similar role. At Barclays Norris will report to Vince Balducci, managing director in risk finance, according Linda Wynns, spokeswoman in New York. Balducci didn't respond to messages. Norris could not be reached.
Kris Kagel, spokesman at UBS in New York, declined comment.