Barclays Capital has hired three foreign exchange salesmen to establish an fx sales group to market products to financial institutions that are not active in the inter-dealer broker market. Tanguy Cruysmans, senior fx and interest rate derivatives marketer at Bank of New York in London, joins as a director and fx salesman, Jo Hughes, global head of non-reciprocal bank sales at Commerzbank Securities in London, will be a director and fx salesman, and David Seaman, associate director in non-reciprocal bank sales at Commerzbank, was hired as an assistant director and fx salesman.
May 05, 2003