Leaked memo details the new power structure in Barclays sales and trading division — capping a dizzying few months of an executive shakeup

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The dust is starting to settle at the London bank after the shock departure of investment banking chief Tim Throsby earlier this year.

In a memo to staff, global equities head Dainton outlined the new organization, signaling the bank is drawing a line under a dizzying shakeup triggered by theIn the memo, seen by Business Insider, Dainton said that the markets division will be divided into four asset classes: credit, equities, macro, and securitized products.

Dainton has had a meteoric rise at the bank — the Credit Suisse alum joined Barclays as head of equities in 2017 and was promoted to global markets chief earlier this month.

 

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