Barclays announced on March 18th that Ben Mabley will serve as the Managing Director and Head of UK Interest Rate and Solutions Sales. The bank stated that Mabley will join in May and report to Filippo Zorzoli, Sales Director for Macro and Solutions in Europe, the Middle East and Africa, and the Asia Pacific region.
Mabley joined Barclays from Goldman Sachs and served as the Managing Director of Interest Rate Sales for Goldman Sachs Europe, Middle East, and Africa. In the new position, Mabley will focus on increasing Barclays' income from hedge funds and so-called real money clients, typically long-term investors such as retirement funds, asset management companies, or insurance companies.
Barclays seeks to gain additional market share in transactions covering European interest rates, stock derivatives, and securitization products. Barclays stated at last month's investor briefing that these measures will help the company increase revenue by £ 500 million in 2026. (Bloomberg)