BarCap shifts LatAm FX

PEOPLE NEWS

NEW YORK -- Barclays Capital is moving all Latin American capital markets staff, including FX, from Miami to its North American headquarters in New York.

About 20% of the capital markets group have been offered relocation packages, said a spokesperson, although she could not say how many traders would move, or how many are now based in Miami.

The bank has set a mid-August deadline for the move to be completed.

"We are always looking at more efficient ways of servicing our clients," the

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