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Foreign Exchange

FX people moves: Barclays Capital departures continue

David Woo, head of global FX strategy at Barclays Capital, resigned last week. Woo is something of a face in FX research – in fact, he is so highly regarded that the weeklyFiX once commissioned an article from him (Quantifying the USD-oil link). Woo joined BarCap from Citi in 2004. Before that he was at the IMF. Sources predict Woo is destined for Bank of America Merrill Lynch.

BarCap will now merge FX research and strategy with its global economics and emerging markets team under Piero Ghezzi.

Market sources also say that Michelle Meyer, senior US economist at BarCap New York, left the bank recently. Talk is that BAML has snapped up Ms. Meyer too.

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