Barclays Capital has hired Michael Brian, head of prime brokerage sales at Merrill Lynch in London, as head of European equity prime brokerage sales in London. Brian will report jointly to Martin Malloy, responsible for global equity finance trading in New York and Alasdair Hodge, regional managing director of the collateralized finance business in London. Malloy confirmed the hire. Kerry Goodwin, spokeswoman at Barclays in London, said Brian's hire is part of the firm's plans to expand the desk.
At Merrill, Brian reported to Ted Platt, head of global equity finance for Europe, Middle East and Asia (EMEA) in London. The firm replaced Brian at a higher level with Donald Pepper, head of sales for global equity finance for EMEA in London, who joined from Goldman Sachs in February. Pepper confirmed the move.