banking

Mike Bagguley Promoted By the Barclays to a Key Position at the Investment Banking Unit

Mike Bagguley has been appointed as the chief operating officer in charge of the investment banking unit by the Barclays bank. He has been promoted from his previous position as the head of the macro markets units with the intention of returning the firm to its past glory days. Mike will report to Tom King, the chief executive of the investment bank.

This is one of the newest changes at the Barclays bank. Some few weeks ago, Jes Staley, who previously worked at JP Morgan, replaced Antony Jenkins to become the new chief executive. Analysts have said that these changes might strengthen Barclay’s investment banking business

Mike Bagguley performed excellently while at the macro business unit. He played an essential role during reshaping of the interest rates, commodities products, and foreign exchange when there were stricter regulations regarding trading revenues in the industry. According to the Barclays, the primary duty of Mr. Bagguley will be to organize and coordinate the investment bank’s significant projects.

A few months ago, John McFarlane, the Barclays chairman, said that the priorities of the bank are to reposition its investment bank. Mr. Jenkins was appointed as the head of the investment banking unit in the year 2012. He was given the mandate to restore confidence in the group. However, he has been replaced to help speed up the process of restoring confidence in the unit.

About Mike Bagguley

Mike Bagguley has been working as the Chief Operating Officer at the Barclay’s Investment Bank since 2015. He acts as the managing director as well as the Global Head of the FX Trading at the Barclays Capital. He was also in charge of the Commodities as well as Foreign Exchange at the same bank since 2013. He has also held other senior positions at the bank.

Mike Bagguley has been a shareholder Representative Director of the LCH Group Holdings Limited. He is also a Fellow at the Institute of Actuaries. He is an alumnus of the University of Warwick. He graduated from the Institution in the year 1988 with B.S. Mathematics.

Most of the information about Mike Bagguley in this article was extracted from his Crunchbase.

https://www.bloomberg.com/research/stocks/private/person.asp?personId=9766701&privcapId=323899

Let Igor Cornelsen Hook Up Your Trading

PRNewswire did an article about investing in Brazil with Igor Cornelsen. Igor Cornelsen is a very well-known investment banker. Cornelsen is one of the most prominent bankers in the entire country of Brasil, and he is the founder of Bainbridge Group Incorporated. Cornelsen is responsible for managing some of the largest banking institutions in the entire world. Apart from being an expert banker, Cornelsen is able to provide expert advice to his clients.

 

Cornelsen is an individual who knows everything about investing in companies, and commodities. Cornelsen has been able to guide many investors to make very successful investments over the long-term. Currently, Igor Cornelsen is the is retired, and he spends the majority of his time in South Florida; Cornelsen now does investing as a hobby. Cornelsen gave PRNewswire advice about investing. Cornelsen’s first tip was to connect with the natives. It is important to be social in Brazil because many business people will give advice to individuals who they trust, and a person can make good advice based off of other people’s experiences.

 

 

The second tip that Cornelsen gives is to be prepared for a lot of red tape. Cornelsen believes that there are many regulations when it comes to the Brazilian market and there are also high taxes and bureaucracy in Brazilian trading. The Brazilian market is growing, but it takes a lot of work to get around the red tape. The last tip that Cornelsen gives is to know the currency restrictions for foreign countries. There are many tight controls when it comes to foreign currency transactions, and that is why Igor Cornelsen believes that it is important to find a bank that is authorized to deal in foreign exchange. Cornelsen is an individual who has been investing for quite some time, and he knows what it takes to make smart investment decisions in the country of Brazil and abroad.