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Foreign Exchange

Barclays adds LatAm options head

Barclays have appointed a new head of LatAm FX options trading, according to LatinFinance, a sister publication to EuromoneyFXNews.

A source familiar with the hire says Bernardo Gattass, who was previously at Goldman Sachs, where he was responsible for EMEA FX options, will be based in New York initially and then São Paulo. Barclays rose from fourth to second globally in FX options in this year’s Euromoney FX Survey, with a market share of 11.78%. In LatAm, Barclays rose from 10th to fourth in FX options, with a market share of 9.94%.

The British bank has added several regional hires in recent weeks.

Francesco Giammatteo and Andres Kuflik have joined the EM structuring group from Deutsche Bank and Bank of America Merrill Lynch, respectively.

It also has added Santiago Cortina, Martin Gavito, Jose Paulo Scheliga, and Marcelo Lara Nogueira to its risk solutions group in LatAm.

Ex-Citi and UBS banker Carlos Corona joined the bank last month from Fimecap to cover Mexico debt capital markets origination.

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