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Barclays has lost one of its top clearing members in the United States after Ray Kahn, the group’s longtime senior executive, has parted ways with the lender, the latest in a series of departures that have roiled the banking industry in both the US and UK.
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Mr. Kahn has served in some of the most high profile positions at Barclays in New York for nearly eight years. During his tenure, he has helped Barclays push multiple new rules immediately following the financial crisis that have helped ... (read more)