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Barclays has tapped a senior BNP Paribas trader to co-head its G10 FX trading unit as the UK lender bolsters its macro business.

Torsten Schöneborn has joined as co-head of FX trading for the 10 most heavily traded currencies in the world, the bank said in a statement, and will work alongside Jerry Minier leading the division.

Barclays names BNP Paribas’ Schöneborn and Minier to co-head G10 FX trading

The UK lender has shaken up the senior ranks of a key fixed income trading unit

FN Staff

BNP Paribas

Barclays

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Deutsche Bank

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JP Morgan & Chase

Business

Finance

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https://images.fnlondon.com/im-329118?size=1.5

Find out who is on the move in the City and beyond this week

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CDPQ hires Sharon White to lead push in Europe

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

GQG Launches Buyback After Stock Tumbles on Adani Probe

The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

By Brian Schwartz, Vivian Salama and Andrew Restuccia

Trump Considers Warsh Serving as Treasury Secretary—and Then Fed Chair

The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator

The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

Nvidia Is on Top but Does It Have Anywhere to Go but Down?

Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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