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Barclays has announced a key hire to its London-based credit trading team, onboarding Michael Khouri as its newest Managing Director per its latest move. The move runs counter to a mass exodus of personnel that have been leaving large lenders’ operations in the UK en masse over the past six months, following a dearth of profitability and sagging revenues at big banks, per a Reuters report.
Mr. Khouri lands at Barclays after a decade at Morgan Stanley. In his new role as a Managing Director of Barclays’ credit trading team, he will be reporting to Dan Friedman, the lenders’ head of ... (read more)