It has been a matter of market conjecture for some time but we can now say that Richard Longmore has left Barclays Capital where he was head of European institutional FX sales. We are told, but were unable to confirm, that he is destined for Nomura. Longmore joined Barclays in August 2006 from Merrill Lynch, where he was a managing director and head of EMEA FX sales.
Back at Barclays, well-placed sources say there has been some shuffling of high-level responsibilities. Mike Bagguley is now global head of FX globally (he was previously head of FX trading in Europe); Tim Cartledge is now global head of spot FX as well as being head of Barx FX trading; and Adrian McGowan is now global head of forward FX, based in Singapore where he is also head of FX for the Asia-Pacific region.