Barclays Adds Brazil Director

Barclays has hired Andre Laloni as a director in its Brazil investment banking effort. The executive, who has familiarity with the M&A and ECM products, will be a coverage banker and report to Alceu Lima, head of Barclays’ Brazil office. Laloni was last at Goldman Sachs, having left the firm at the end of last year. He covered utilities and industrials there, and his new coverage has yet to be defined. So far he is the only senior-level banker at the shop, though more are likely to be hired as it is expanding its product offering in Brazil.