Barclays has appointed Fabio Madar as the global head of G10 FX trading and distribution and named James Hassett in the new role of global head of EM macro trading.
Based in London, Madar will lead Barclay’s global FX business across trading and sales, reporting to Michael Lublinsky, global head of macro, and Guy Saidenberg, global head of distribution and structuring.
Madar has over 26 years of experience in global FX markets, working in London, New York, Paris and Milan and joins Barclays after 13 years at Deutsche Bank where he was global head of FX coverage. Previously, Madar also worked at Lehman Brothers and Citibank.
“This appointment builds on the momentum we’re seeing in our FX business. We have delivered solid results and the team continues to grow revenue and improve returns as we invest in people and technology to better serve clients. Fabio’s appointment highlights the senior talent that Barclays is attracting and we’re confident that it puts us in an even stronger position to play a leading role in the market,” says Michael Lublinsky, Barclays’ global head of macro.
Hassett, meanwhile, will be responsible for the bank’s EMFX and rates businesses globally. He has been closely involved in the development of Barclay’s EM business since 2014 and has experience trading products and managing desks out of London, Singapore and Sydney during his 12 years with the firm.
“EM is a key part of our Markets strategy and we have the opportunity to grow the franchise and make deeper connections with clients. James’ background and experience will enable us to provide our clients with the expertise and know-how that they need for these markets,” says Guy Saidenberg, global head of distribution and structuring at Barclays.