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Barclays’ (Now Former) Head Of FX Strategy In Asia Has A Moment

Have you ever had construction going on nearby your home? Was it loud? Annoying? Did keep it keep you up in the middle of the night? Did you seriously consider opening your window and screaming “Hey! Shut the hell up down there!” or even confronting the people making all that racket face to face? Olivier Desbarres can relate. Or at least he can half relate. Because while most of you were probably talked out of making some sort of scene, either by your significant other or your own impulse control, on October 20th Desbarres decided to go in another direction, the one that involved introducing himself to the construction workers building a house near his own by screaming, “I’m gonna go after you, I will haunt you, I’m gonna burn your fucking house down, I will find your fucking family,” a task he noted would be fairly simple and straightforward (“I can find [them] very easily,” he explained, “I’m a man with resources”), in case there were doubts (a fairly reasonable concern, as there are a lot of people in Singapore and how were these guys supposed to know he had an army of Barclays researchers at his disposal?).

Still worried that the group wasn’t taking his threats seriously on account of the casual look he was sporting that morning– shorts and sandals– Desbarres then picked up some sheet metal and launched it in their direction, presumably to demonstrate he meant business.* Although that would have been a good time to make his exit, at that point Desbarres noticed that one of the men had been recording him without his consent, leading to:

“You’re filming me? You think that’s good? Put your fucking phone down because I’m going to wait for you to come out and take that phone and shove it up your fucking ass.”

According to a local publication, this whole thing started because the construction crew began working at 8:45am one day instead of 9am, the time Desbarres preferred. In related news, according to a person familiar with Barclays’ policies concerning construction site meltdowns, the firm “Considers such behavior and language unacceptable. It does not meet the high standard of conduct that we expect of our employees.” Desbarres, who is no longer with the bank, has not yet returned Dealbreaker’s call for comment.**

Foul-mouth foreigner threatens workers and warns he will hunt down their families [Stomp]
Barlcays Far Too Candid Camera [Sunday Times via Ian Fraser]
Barclays Capital Appoints Olivier Desbarres as Head of FX Strategy, Asia-Pacific Ex-Japan [BarCap]
Related (re: Barclays employees losing their shit in public): Barclays Global Head of Investment Banking Writes Tear-Stained Letter To Son’s School, Demands Teacher’s Firing For Trash Talking Barclays, Making Son Cry

*Insane ranting + shorts + sandals can leave room for interpretation re: is this guy serious or not; insane ranting + shorts + sandals + grabbing whatever shit from a construction site is within arm’s reach and throwing at people is generally– though not always!– pretty clear.
**Possibly because we called in the middle of the night local time and he is on his way to New York to throw a piece of sheetrock at us; you know how he gets when his sleep is interrupted.

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77 Responses to “Barclays’ (Now Former) Head Of FX Strategy In Asia Has A Moment”

  1. Guest says:

    Tough but fair

  2. Ta Da! says:

    Let it out, buddy. We're with you.

  3. RichardCripples says:

    It was the heat of the moment.

    Oliver "Asia" Desbarres

  4. guest says:

    I'm long his shorts

  5. derpies says:

    amateur

    -H.S.

  6. DingALing says:

    Barclays has a high standard of conduct? Could have fooled me

  7. Guest says:

    Happens to the best of us

  8. Dr. Banner says:

    I met him a few times when he was in research at CS and I swear he was an unsually mild-mannered guy. Maybe that time between CS and Barc that he spent at the Gamma-bomb development startup had some kind of effect?

  9. Im_a_Dude says:

    sleeping in 8:45am??? what time do barclays guys start working?

  10. guest says:

    So he's going to wait for the gentleman with the camera phone to "come out" before he uses said phone as a suppository? How does he know this guy is closeted?

    – guy who likes to pick apart peoples rants in an attempt to induce further ranting

  11. Ogre says:

    I bet this guy could beat Gasparino into a mound of pizza dough.

  12. Guest says:

    1:39 again? Now you're just fucking with me.

  13. SPF Detective says:

    "when the construction workers realized he was with Barclays, they knew not to take Mr. Debarres seriously"

  14. derpies says:

    in case you all are wondering, this is the only story with a "phones in asses" tag associated with it. for shame.

  15. Guest says:

    Well that escalated quickly.

    – Bangladeshi construction worker

  16. Guest says:

    This story has to be made up. A construction crew starting work early?

  17. InfiniteGuest says:

    AQR would've given him a raise and a promotion.

  18. Im_a_Dude says:

    i like in the article they refer to him as "The Caucasian".

    • SundayTimes (update) says:

      "You're F****** animals", " Chinese F****** animals "

      Colleagues acknowledged that Desbarres had grown increasingly exasperated recently at his inability to get any traction on the large Renminbi non deliverable forward long position he'd repeatedly recommended, which he attributed to the Bejing governments continued currency manipulation.

  19. Slerpies says:

    He looks like he is attacking the Statue of Liberty with her own crown.

  20. BritneyS says:

    Is this the new Gangnam style

  21. Guest says:

    Well, if you're going to go into a sociopathic rage, I suppose Asia is the right place to do it – I would guess that they just don't get so worked up about such things.

    – Guy who knows nothing about Singapore

  22. Guest says:

    Kinda looks like the guy from the Big Bang theory…

  23. b_kosarpension says:

    The best he could do at a construction site was a sheet of metal… really?

  24. Guesticle says:

    Those workers are lucky it wasn't a Morgan Stanley employee. They'll cut a bitch.

  25. Richard Gere says:

    Hey !

  26. OpportunityCost says:

    Might have to hire this guy to "negotiate" with the crew breaking up rocks outside my place at 7am.

  27. Anon says:

    White shorts after Labor Day?

  28. Dateraider says:

    Our comment section is beat by the Stomp's, I'm afraid:

    kikobowler said on 30 Oct, 2012 Report as offensive
    He wants life so go back where u belong. See if his life in singapore is better or not. :)
    alextan516 said on 29 Oct, 2012 Report as offensive
    Maybe tis clown forgotten b4 he moved in to his condo tht was a constuction site too….

    keatwee343 said on 29 Oct, 2012 Report as offensive
    come on this is singapore you want to complain go back to your country and do it. Why is singapore call peaceful, it's because we singaporen is united but this ang mo's just want to destory our peacefulness

    stormchaser said on 29 Oct, 2012 Report as offensive
    honestly, the noise can be xtremely unbearable in a quiet neighbourhood. Maybe the company shd invest in a quieter machinery, and put up higher hoarding with soundbarrier. Am sure the neighbours can bear with you and the noise if you can bear with theirs.

    MrsRedFerrariLady said on 27 Oct, 2012 Report as offensive
    Please make PEACE, Singaporians. Don't always blame FT.

    sporeanthebest said on 27 Oct, 2012 Report as offensive
    @ktan2000…agreed w u…Sporean must travel more…so we can know more about ang mos…what so special.

  29. Luke says:

    Do you notice you're always talking about sticking something in my ass, and that time it wasn't even a threat, technically, that was flirting

  30. Temasek says:

    "You can also see he is not wearing any safety gear and I am worried he can slip and fall on the site, not only endangering himself but also becoming our liability"

    What sort of safety gear would be required (other than an ironclad severance guarantee in his contract?)

  31. W. Buffett says:

    It's a trademark: Sheetrock. With a cap S. Other than that, innumerable concerns.

  32. Humid says:

    Pardon poor english

    Ware wurr you when Desburrs lose his shet?

    I home clipfern

    SamPao ring

    "Desburr lose shet.."

    "No"

    • PermaGuestII says:

      Singapore was British for 150 years. English is one of the official languages. They probably speak it better than you do.

      -Guy who has no problem with racist humor but can't stand fucking morons

  33. Guest says:

    How would he feel about becoming a spokesman for us?

    – Bonobos Marketing Division

  34. billy says:

    They must have wanted to can him, otherwise what a stupid reason to fire him.

  35. Guest says:

    You know that sheet of corrugated iron flew straight up in the air and probably ended up landing behind him. That stuff don't fly too good.

    – guy who threw lots of building shit as a kid.

  36. Guest says:

    Nice bend in the knees. Chest in proper position. Head on a swivel. That left elbow could be a bit more elevated to his target but otherwise I'd say that's pretty much textbook form.

    – Head Coach, Vasity Rants, Singapore HS

  37. Guest says:

    I met him several times before his child was born and still have vivid memory of Olivier talking about his unborn child.. I supposed the construction noise must be unbearable for the newborn and must have triggered his abnormal behavior. What he did was wrong but it came from the basic instinct to protect his family.

  38. Sarong party girl says:

    Me will ruv him rong rong time!

  39. Redneck says:

    Do you know that in Singapore, expats are officially called "foreign talent" and get a free get out of jail card if they are caught molesting the local women? Its a place where white is always right – go ask the sarong party girls.

  40. cod says:

    So sorry for hearing that head made such humiliating and threatening sayings… Just thinking if the witness are really sure those sayings were made by that head?? Did it mean that head said foul language?? That head shouldn't behave like that… in history never said foul language. If that head really did so, it's reasonable to launch the punishment. Just think it will be safer for the witness to have a big meal with their babe first !! It's open to discussion!!

  41. blessingindisguise says:

    what goes around comes around. Look what he got.. fired. I'm sure he'll be able to find a new job but his reputation is forever tarnished, all credibility lost. I feel more for his poor family. More so for his children (if he has any at all).

    Let's not target any particular race or religion here. This is about one man and his problem. Apparently he is known to be rude and has previously threatened his own neighbours because of their dogs.

    My advice for mr desbarres is: If you can't even tolerate something so basic as construction work, in a small place like Singapore where land development is rampant. I suggest you migrate to a remote place like Timbuktu, dig yourself a hole in the ground and bury your head inside. :)

    Read more: http://www.businessinsider.com/who-is-olivier-des

  42. anon says:

    Good thing he did it there in Singapore, the number one haven now for the well heeled trying to escape european socialism, american tax collectors or the chinese new regime. I know their sovereign wealth funds hire all sorts of marginal types and give them titles like "MD of something", they just love the rich white men there.

  43. cod says:

    Hope the former head's family and children will not be hurt!! They are innocent! mr desbarres, as the link showed was not rude before; perhaps, he did those things just because he's angry.

  44. shrimp's babe says:

    Shrimp wanted to kill babe or shrimp was kept under close watch?? To avoid who, shark or that person?? Babe feels so hurt!!!! Thought shrimp was caught red-handed; but now feeling shrimp set a trap to hurt babe and ruin babe’s reputation intentionally!!! If shrimp didn’t love babe and/or didn’t want to chat with babe, why didn’t shrimp tell babe directly, but hurt babe in this way!!?? Answer by books pls!!

  45. shrimpson says:

    So any suggestion for the solution??

  46. shrimp's babe says:

    … gets that shrimp tells head the truth and persuade head to let go. However, afraid it's too hurtful! Head made a promise will hv a new life with… after retirement , taking care of …, etc. … can't help shedding tears now coz having struggle in mind i.e. loving shrimp much but doesn't want to hurt anyone; …still feels having emotion attachment to head coz have known each other for 20 years, went through many good times and bad times, etc. although nothing physical!! … is too humane in this aspect, but perhaps it's one of the reasons why shrimp like …. Hope shrimp can understand…'s situation and dilemma!! Just thinking is it possible to expose to head later when head's condition is getting better??

  47. shrimpson says:

    To clarify, known head's threatening sayings; …'s question is did head really find shrimp's and/or …'s family??

  48. shrimpson says:

    And wanna make sure why … is the beloved!! Not sure if it's coz shrimp thinks that … has got the qualities stated in the body of the particians amid elections??

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  50. guest says:

    Did you actually think this was funny?