Barclays Capital, the investment banking unit of Barclays PLC (BCS), said Monday it has named Ryan Bacher as its Asia-Pacific head of prime services.

Bacher was most recently Deutsche Bank AG's (DB) regional head of Asian prime finance, Barclays said in a statement.

He will be based in Hong Kong and will oversee Barclays' prime services in Asia-Pacific, including the offering of equities financing for corporates, fixed income financing, and a multi-asset prime brokerage platform.

Bacher will report to Ajay Nagpal, the bank's global head of prime services, Barclays said.

-By Amy Or, Dow Jones Newswires; 852-2832 2335; amy.or@dowjones.com