Barclays plc has shuffled its Debt Capital Markets (DCM) division, which concluded with three new co-head appointments to the unit, following the move of current DCM Head Jim Glascott, according to a recent Reuters report.
The moves were largely driven by Barclays DCM Head Jim Glascott who has relinquished his role and taken up the position of Chairman of Finance and Risk Solutions for Barclays Americas operations. Consequently, Barclays has tapped Travis Barnes, Mark Lewellen and Jill Schwartz as the newest components of its global leadership of its DCM and Risk Solutions Group.
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For his part, Mr. Glascott has served as the Global DCM Head at Barclays for a period of eight years – his new move into the Americas realm will help shore up the bank’s client relationships, along with its financing product suite.
As a result, the trifecta of Travis Barnes, Mark Lewellen and Jill Schwartz will help shoulder the mantle of responsibility at the DCM unit, assimilating expanded roles that includes the management of the lender’s Americas and the Europe, Middle East, and Africa (EMEA) businesses.
More specifically, Mr. Barnes will be tasked with leading responsibility for securitized product origination globally, while Mr. Lewellen will focus on DCM operations in Asia-Pacific (APAC), as well as the EMEA region. Finally, Ms. Schwartz will step into a more globally focused role across the unit’s risk solutions group.