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Banking

Debt market round up: Barcap credit chief heads out

The list of credit bosses to resign from their positions has grown longer. Grant Kvalheim has resigned as co-president of Barclays Capital, leaving Jerry del Missier as president of the UK bank under the chief executive, Bob Diamond. Kvalheim lost the credit trading book in the autumn to del Missier, leaving him with a somewhat reduced role. John Winter and Peter Goettler, who were part of the team that followed Kvalheim out of Deutsche Bank in 2001, continue in their respective roles as heads of European and US investment banking.

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