Daiwa Capital Markets has augmented its fixed income trading capability by hiring Gary Hibbard.
Hibbard joins as an executive director of the Japanese bank’s fixed income trading division, based in London.
He has extensive experience in the sterling credit market, an area which Daiwa is targeting for growth.
Hibbard previously worked as head of sterling credit trading at Lloyds Bank. Before joining Lloyds he spent 20 years at Barclays Capital in various senior trading positions.
Tony Baldwin and Tatsuji Nagano, Co-Heads of Fixed Income at Daiwa Capital Markets Europe noted “Gary’s unparalleled experience in the sterling credit market is a great fit for Daiwa Capital Markets. Gary joins our experienced and capable trading team, headed by Paul Osborn.”