BarCap Reaches Integration Milestone

The bank finished moving clients of Lehman's structured products business onto BarCap's Barclays Automated Real-time Execution (Barx) platform, according to David Wood, director of e-commerce structured products at BarCap. Bank staff started the move after the institutions announced the acquisition last September, and completed it at the end of 2008, he says. The combined businesses are planning to launch new structured product offerings in the next couple of months, he says, declining to

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