Barclays Capital, the global investment banking arm of Barclays Group, said Tuesday that it hired Steve Vinson of Daiwa Securities Inc. to head both credit and market risk management.

Mr. Vinson joins the world's 15th-largest banking company as a managing director and a member of the Barclays Capital management committee. He will report to Robert E. Diamond Jr., chief executive of Barclays Capital, and to Alan Brown, director of risk management for Barclays Group.

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