Barclays Appoints David Garner as Global Head of Securitized Products Bond Trading

Rhea-AI Summary

Barclays appoints David Garner as Managing Director and Global Head of Securitized Products Bond Trading, reflecting the bank's ambition to become a top 5 Securitized Products trading desk in the US. David brings extensive experience and leadership skills from his tenure at Credit Suisse and Atlas SP Partners.

With nearly two decades of industry experience, David Garner brings to Barclays deep client relationships and product knowledge that will further complement our existing business

NEW YORK--(BUSINESS WIRE)-- Barclays today announces the appointment of David Garner as Managing Director and Global Head of Securitized Products Bond Trading. Mr. Garner will join the bank in June and will be based in New York, reporting to Scott Eichel, Global Head of Securitized Products (“SP”).

Having been identified as a future revenue driver for Barclays’ Global Markets business, David’s appointment reflects the ambitions for the SP business and further advances its goal of becoming a top 5 Securitized Products trading desk within the US; adding further momentum to a client franchise that has consistently gained market share since 2019.

“This appointment underlines our commitment to attract and invest in the best talent,” said Scott Eichel. “David brings a wealth of technical and product experience, alongside a strong track record of leadership in trading franchises across Agency and Non-Agency desks. Looking ahead, we are confident that our clients will benefit from David’s expertise as we execute against our next set of priorities and deliver on our next phase of growth.”

David joins Barclays from Atlas SP Partners where he was a Managing Director. David moved to Atlas SP Partners following Apollo Global Management’s acquisition of Credit Suisse’s market leading SP franchise in 2023. During his 14- year tenure at Credit Suisse, David held a number of key leadership positions across its SP business, including most recently serving as Co-Head of Securitized Products Trading.

About Barclays

Our vision is to be the UK-centred leader in global finance. We are a diversified bank with comprehensive UK consumer, corporate and wealth and private banking franchises, a leading investment bank and a strong, specialist US consumer bank. Through these five divisions, we are working together for a better financial future for our customers, clients and communities.

For further information about Barclays, please visit our website home.barclays

View source version on businesswire.com: https://www.businesswire.com/news/home/20240328476398/en/

Press:

Sofia Rehman

+44 (0)20 7773 0230

Sofia.Rehman@barclays.com

Source: Barclays

FAQ

Who has Barclays appointed as Managing Director and Global Head of Securitized Products Bond Trading?

Barclays has appointed David Garner for this role.

Where will David Garner be based?

David Garner will be based in New York.

Who will David Garner report to?

David Garner will report to Scott Eichel, Global Head of Securitized Products.

What is Barclays' goal for the SP business?

Barclays aims to become a top 5 Securitized Products trading desk within the US.

Where did David Garner work before joining Barclays?

David Garner worked at Atlas SP Partners.

What was David Garner's role at Credit Suisse?

David Garner served as Co-Head of Securitized Products Trading at Credit Suisse.

What acquisition led David Garner to move to Atlas SP Partners?

David Garner moved to Atlas SP Partners following Apollo Global Management's acquisition of Credit Suisse's SP franchise.