BarCap sacks head loan trader in London
Jim Moylan, a managing director and head of European loan trading at Barclays Capital in London, was fired on Wednesday and left the bank’s premises that day. Barclays Capital confirmed his departure but refused to comment on the circumstances.
According to a source at Barclays, Tim Ritchie, head of global loans, held a meeting on Wednesday at which he told staff that Moylan had left and asked them not to ask any further questions.
Rumours surfaced at the end of March that Moylan had already left Barclays Capital,
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