The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

FX people moves: Barclays re-strengthens US FX sales

A month ago theweeklyFiX wrote about defections from Barclays Capital’s US sales team in New York. (FX people moves: Exodus from Barclays) On Tuesday the bank announced several new hires, although not all to the seats vacated.


Mike Testa joins BarCap New York as head of real money FX sales, Americas; he will report to Gregg Chow, head of north American FX sales. Testa has spent the past 15 years at Citi New York, most recently in a similar role to his new one.


Marlena Demenus joins BarCap New York to cover FX sales to banks and commodity trading advisers; she will report to Jeffrey Pio, head of the FX sales access desk. Demenus has been at Morgan Stanley for the past 10 years, most recently as global head of CTA sales.


BarCap has also hired James White from UBS to cover hedge fund FX sales in New York, as well as David Weiss from Deutsche to cover corporate FX sales in San Francisco.


We caught up with Gregg Chow, head of FX sales in north America, who told us: “The new hires are directed towards those areas where we think we have a competitive advantage as a firm.





You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree