UPDATE: STREET MOVES: BarCap Expands LatAm Equities Team
June 29 2009 - 11:36AM
Dow Jones News
Barclays Capital, the investment-banking arm of Barclays PLC
(BCS), added six more analysts to its Latin America equity research
team, as the firm looks to expand its reach within the region.
Felipe Mattar will be director of utilities and oil companies,
while Michel Morin will join as director of the telecommunications
and media sectors.
Joining Mattar, who comes to Barclays from Citigroup, will be
analysts Sergio Conti and Bruno Pascon. Morin comes from Merrill
Lynch.
In addition, Henrique Caldeira is to be assistant vice president
responsible for coverage of non-bank financial companies while
Leonardo Correa will join as assistant vice president for metals
and mining companies. Both most recently worked at Credit
Suisse.
The team will report to Roberto Attuch Jr., who was named head
of Latin America equity research in March.
The hirings are part of Barclay's effort to ramp up its equities
sales, trading and research presence in Latin America. In recent
months, the firm has announced the hiring of several management
positions and more are expected to be added as the bank looks to
push into Mexico, Brazil and Chile.
-By Kejal Vyas, Dow Jones Newswires; 212-416-2185;
kejal.vyas@dowjones.com