Risk 2002 Europe: BarCap head says Enron hires nearly integrated
Barclays Bank’s investment banking unit, Barclays Capital, plans to launch a fully integrated commodities risk management and financing service following its energy hiring spree during the past three months.
Barclays already has a separate commodities unit, but Diamond said this has traditionally concentrated on physical trading, rather than integrating corporate lending and derivatives services.
“We plan to be a leading [commodities] firm in Europe and the UK,” said Diamond.
He believes
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