Barclays is the first non-US bank to reform the management of its US unit in line with Dodd-Frank
Barclays' chief of US operations has stepped down as the
British bank prepares for onerous Dodd-Frank rules on the US
units of non-US banks, writes Joe Parsons.
Skip McGee stepped down from his role as CEO of Barclays
Americas and as a member of the bank’s group
executive committee on Tuesday to be replaced by Joe Gold.
Gold, previously the bank’s global head of
client capital management, will be appointed to a restructured
role as CEO of the Americas, reporting to the co-CEOS of the
corporate and investment bank, Tom King and Eric
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