Barclays selected an internal candidate and a new hire from BNP Paribas to become its new co-heads of G10 FX trading. New co-heads Torsten Schöneborn and Jerry Minier will be London-based, reporting to Michael Lublinsky, global head of macro, according to an internal memo seen by The TRADE. Minier takes up the new role after spending the last two years at Barclays as its head of FX options trading, joining from Goldman Sachs in 2020. While at Goldman, he held FX options roles in New York, London, and Hong Kong. Alongside him, Torsten Schöneborn joined the bank from BNP Paribas where he had been global head of electronic platform and global head of quant prime broking. Before that, he spent almost 10 years at Deutsche Bank, where his roles included global co-head of electronic equities and head of eFX spot quant trading.
New York-based independent prime broker Clear Street hired a team of investment bankers to build out its new investment banking and advisory offering. John D’Agostini was appointed co-head of investment banking, joining Clear Street from JonesTrading, where served as managing director, investment banking for over 12 years. Earlier in his career he held equity sales and trading positions at Cantor Fitzgerald. His fellow co-head is Nicholas Hemmerly who joined Clear Street from his role as senior managing director, head of investment banking at Bridgeway Capital Partners. Elsewhere in his career, Hemmerly held senior positions at JP Morgan, PwC, Hefferies and JMP Securities.
Clear Street also named Ryan Gerety as managing director, investment banking. Gerety joined from JonesTrading, where he spent 11 years, serving most recently as managing director, equity capital markets. Elsewhere, Wes Hefferman joined Clear Street as executive director, investment banking. Before joining the firm, he served as senior vice president, investment banking at EF Hutton. Prior to that, he served as an analyst at Guggenheim Partners and Maxim Group.
Liquidnet’s co-head of trading for EMEA, James Kirk, has departed for pastures new, The TRADE revealed last week. He departed after spending the last two years as Liquidnet’s co-head of EMEA trading, according to an update on social media. His next role is unconfirmed. Kirk first joined Liquidnet as an equity trader in February 2015 after also previously serving in a similar role at BTIG. He also previously held senior positions at ConvergEx Group as vice president, and RBS as European head of agency portfolio trading.