Profit & Loss understands that Colin Devereux has joined Barclays in London as a director and senior spot FX trader.
Devereux joins from a spell at Nomura in New York, prior to which he was at Bank of America Merrill Lynch as chief dealer G10 spot FX. Before BAML Devereux was a director on the FX desk at BNP Paribas in London, having joined that bank from a six year stint at Citi in London. He has also worked at Brown Brothers Harriman and UBS on those institutions’ FX desks.
The hire continues a build out of Barclays’ FX business that started with the hire of Fabio Mudar as global head of FX trading and distribution in mid-2018. This week also saw the bank announce the appointment of Pritpal Gill as head of FX cash and options trading for Asia Pacific.