Barclays Capital has hired Andrew Whittle, senior managing director of credit derivatives at Bear Stearns in London, as its European head of credit derivatives. This is a new role as previously the European credit derivatives team had reported directly to Vince Balducci, global head of risk finance in New York, according to a firm spokesman.
Whittle, who is due to start Monday, will report to Balducci, according to the spokesman. Balducci did not return repeated calls.
At Bear Stearns, Whittle reported to Sean Hamidi, senior managing director and head of fixed income and derivatives trading for Europe in London. Hamidi was on vacation and could not be reached for comment.
