Barclays MD who left for the buy-side lured back by Canadian bank
People don’t really return to the world of finance after leaving – especially for the buy-side. One bank, however, seems capable of luring people back. And it’s Canadian.
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Raina Mathur joined BMO as a managing director (MD) this week, in its US institutional derivatives sales team. She joined BMO from Simplify Asset Management, where she spent less than a year as head of business development. She was at Barclays for 15 years before that, lastly as head of institutional sales. Presumably, Mathur missed being in traditional finance - or missed being in sales, at least.
Mathur’s appointment comes at a good time for derivatives salespeople in general. They were having a great time last year too – the insane market volatility giving European investment banks a good ride in particular. BMO isn’t European, obviously, but it did enjoy the sun too – it picked up Bouhari Arouna to head up US hedge fund and asset management sales back then.
Arouna is one of the people that Mathur is most looking forward to working with at BMO, apparently. She named him as such in a social media post, alongside other members of its new-ish prime brokerage team such as co-head of global equity Hippolyte Agkpo and cross asset solutions chief Lucas Caliri.
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