By Robert Smith
LONDON, Aug 7 (IFR) - Barclays has reorganised its leveragedfinance EMEA team, with Michael Moravec and Peder Oien shiftingroles, according to an internal memo seen by IFR.
Moravec and Oien have been co-heads of leveraged financeEMEA at Barclays since 2011, while Moravec was also head of theEMEA high yield syndicate after relocating from New York toLondon in 2009.
Oien has now been named chairman of leveraged finance EMEA,concentrating on client coverage, while continuing to beresponsible for all high yield committees.
Moravec will become the sole head of leveraged finance EMEA,moving into the banking division from FICC, and will continue tooversee all origination in the region.
Barclays declined to comment.
On the syndicate side, Michael Masters has relocated fromNew York to join the EMEA high yield and leveraged loansyndicate as a director. Masters will work closely with ThomasEgan, a director who also moved from New York in 2011.
Masters and Egan were both colleagues at Lehman Brothersprior to joining Barclays, and they will now be the two mainpoints of contact on the EMEA syndicate desk, according to asource with knowledge of the matter.
Peter Toal, who manages the global high yield syndicate,will also become more involved in the EMEA syndicate, the sourceadded.
Barclays (BARC)