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Barclays names new Asia Pacific markets head

Barclays announced that Hossein Zaimi had been appointed as its head of markets for Asia Pacific and would join the bank after a long career at rival HSBC. Zaimi will remain based in Hong Kong and report to Adeel Khan and Stephen Dainton, co-heads of Barclays global markets business, and Jaideep Khanna, the bank's head of Asia Pacific, a statement said. Zaimi spent more than 17 years at HSBC and was most recently the global head of equities and global co-head of securities financing. Previously, he also worked for Crédit Lyonnais and Salomon Smith Barney. The latest hire is part of broader plans for Barclays to expand in the region, particularly in China, India, Singapore, and Australia.

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