Grupo Financiero Barclays Mexico Starts Operations

Barclays Capital began operations of Grupo Financiero Barclays Mexico Tuesday. The business, comprising a bank and a broker-dealer, is headed up by Lorenzo Gonzalez Bosco who serves as president of the new group as well as president of Barclays Bank Mexico. He will oversee Barclays Capital Casa de Bolsa, led by Antonio Villa, formerly head of origination and debt capital markets for Mexico at ABN AMRO Securities (Mexico). Other appointments include Juan Icaza Fernandez del Castillo, who joins from BBVA Mexico where he was head of derivatives trading, who is appointed director of Barclays Bank Mexico and Carlos Kretschmer as head of institutional sales for Barclays Bank Mexico.