Breaking news: Ellsworth leaves Barclays
Barclays declined to comment on his departure.
Global Investor/ISF also reported on July 15 that two UK-based managing directors left the bank's prime services division.
Several members of the team left over a period of several months between last October and early this year. Global Investor/ISF reported in January that Robert Zekraus, formerly director of prime services, had left Barclays.
Barclays made internal changes towards the end of 2013, including appointing David Lohuis as global head of equity financing in addition to his role as global head of fixed-income financing.
In May the bank set its redundancy target for this year at 7,000 across the investment bank, aiming to reduce the core business to no more than 30% of the group total by 2016.
Found this useful?
Take a complimentary trial of the FOW Marketing Intelligence Platform – the comprehensive source of news and analysis across the buy- and sell- side.
Gain access to:
- A single source of in-depth news, insight and analysis across Asset Management, Securities Finance, Custody, Fund Services and Derivatives
- Our interactive database, optimized to enable you to summarise data and build graphs outlining market activity
- Exclusive whitepapers, supplements and industry analysis curated and published by Futures & Options World
- Breaking news, daily and weekly alerts on the markets most relevant to you