Barclays Capital has hired Jaime Astarloa, deputy head of derivatives sales for corporates in Spain at JPMorgan, as a director in its corporate risk advisory group in London, also covering Spain. Astarloa will report to Stephen Jones, head of European corporate derivatives marketing in London. Astarloa will be part of a team that markets debt capital markets products as well as all derivatives products to corporates. Jones confirmed the hire and said Astarloa is not replacing anyone, but the firm is adding to the team opportunistically to expand its sales reach further into continental Europe. Astarloa has not yet started and could not be reached.
At JPMorgan, Astarloa reported to Antonio Polverino, head of derivatives marketing to corporates in Southern Europe. Polverino did not return calls. A JPMorgan spokeswoman declined comment.
