Former Citigroup FICC co-head joins Gleacher

The boutique changed direction under a new chief executive last year and pulled out of equities

One of the former co-heads of fixed income at Citigroup, who left the bank at a troubled time back in 2007, is joining boutique Gleacher & Company as it pushes into fixed income and leveraged finance.

Randolph Barker has joined as executive managing director and head of investment banking and capital markets, according to a statement from the firm yesterday. Jeffrey Tepper, previously head of investment banking, will be leaving Gleacher, according to the statement.

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