Barclays bolsters global line-up with 10th new recruit this year

Lutfey Siddiqa joined the bank in London on October 15 -- the 10th senior appointment in FX at the bank this year.

He reports to global head of FX, Ivan Ritossa in London, who said: "Contrary to industry trends, we are looking to expand our sales capacity." That will involve more hires across the platform in Europe, Asia and America, he told FX Week, although he did not give an indication of numbers.

One industry source said Barclays is in a good position to invest in products such as FX that