Head of FX Adrian McGowan Leaves Barclays to Pursue Own Interests

Multiple sources close to the matter have confirmed to Finance Magnates that the Head of FX at Barclays Adrian McGowan has decided to leave the company. He decided to pursue his interests outside of banking.

Sources close to the matter have confirmed that the move is not related to recent foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term investigations.

The U.K. bank is undertaking a restructuring of its operations and the position of head of FX will be scrapped. Head of U.S. macro trading Rob Bogucki and the head European rates trading Nat Tyce, will jointly lead the trading business of Barclays.

Finance Magnates reporters have contacted the U.K. bank for a comment or confirmation of the move, but the bank has denied further information.