Barclays' Head of EMEA Rates Trading Carl Scott to Depart [BNN Bloomberg (Canada)]
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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Source: BNN Bloomberg
His departure comes just weeks after Barclays identified European rates as one of three key areas within trading where the bank lacks the scale it wants. The company has said it would seek to gain additional market share in that business, along with equity derivatives and securitized products trading, in the hopes of boosting revenue by £500 million ($631 million) by 2026. A representative for Barclays declined to comment, while Scott didn't immediately respond to an email seeking comment. Barclays has yet to appoint a successor for Scott, who is departing the British bank less than two years after he rejoined it from Citadel Securities, where he had been head of global fixed income. He had previously also worked for Citigroup Inc. For now, executives that previously reported to Scott — including Ankur Aneja, Guy Winkworth and Hamza Hoummady — will report to Michael Lublinsky, the bank's global head of macro trading, according to one of the people familiar with the matter, who
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