Barclays' Yarian promoted to head of US rates trading

UK bank appoints Michael Yarian to head US rates trading and global rates e-trading, while Tim Stack will run the derivatives clearing business

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Barclays has appointed Michael Yarian to lead US interest rates trading and global rates e-trading in New York. London-based Tim Stack will take on Yarian's former role as head of the agency derivative services (ADS) business, which covers listed and over-the-counter clearing, and listed derivatives execution, as well as foreign exchange and commodities prime brokerage.

Yarian has a long career history in the rates business, having worked on the rates trading desk at Barclays in London between

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