Barclays Prime Brokerage Head, Nathan Davison Heading to London

Barclays plc has announced the expansionary role of Nathan Davison, the group’s head of Prime Brokerage Sales in Asia, who is slated to move to the UK, according to a recent Reuters report.

Prior to the move, Mr. Davison’s focus was relegated to prime brokerage sales in Asia, as well as clearing trades and lending Obligations Obligations In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you Read this Term to a number of entities, including hedge funds. However, under the new mandate, he will also incorporate Europe into his field of coverage, whereby he will retain the latitude of his current role.

He is slated to begin his new role as recently as August, where he will be reporting to Makram Fares, Barclays co-Head of Equity Distribution in Europe – Asia-Pacific (APAC) Asia-Pacific (APAC) The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or Read this Term), as well as Thomas Luglio, Barclays Global Head of Prime Services.

Earlier this week, Barclays parted ways with Antony Jenkins as its Chief Executive Officer (CEO), having appointed John McFarlane as an Executive Chairman to run the company until a new CEO is selected. The change will come into effect on the 17th of July pending a formal regulatory approval. Subsequently, Barclays is on the lookout for a new CEO and its scheduled interim results will be published on the 29th of July as previously announced.