Barclays Capital, the investment-banking arm of Britain’s third biggest bank Barclays has ousted the co-president of its US operations after a series of write-downs related to sub-prime mortgage investments.Kvalheim is one of many names still being added to the list.
Grant Kvalheim is to leave Barclays this quarter while Jerry del Missier, his fellow co-president, will become sole president of the bank's US business.
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