Top Barclays Banker Quits In Funds Crisis

The credit crisis can be blamed for the resignation of a high-profile British banker who worked with volatile collateralized debt obligations

The credit crunch has claimed its first high-profile resignation in the UK with the departure of Barclays' head of European collateralised debt obligations (CDOs), the explosive debt products that have helped to cause the meltdown.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.