Marsh move reverses ill tide for Barclays in Asia

The decision to relocate Reid Marsh, one of its most senior investment bankers, to Hong Kong forms part of its effort to restore confidence at the British bank.
Reid Marsh
Reid Marsh

Barclays' decision to relocate one of its most senior investment bankers, Reid Marsh, to Hong Kong is a tried and tested effort to restore confidence after a torrid time in Asia for the British bank.

Marsh, currently based in London, has been appointed co-head of investment banking Asia-Pacific and will arrive in the region in mid-August. But his move is effective immediately.

As vice-chairman of investment banking and chairman of the industrials group he has worked on some big-ticket deals, which include providing advice to Volkswagen on its 4.5 billion merger with Porsche and to India's Tata Motors on its $2.3 billion acquisition...

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