Gladwin leaves Barclays for Lehman forex role

Richard Gladwin, head of currency derivatives at Barclays Capital, has left the bank to join Lehman Brothers. Gladwin is expected to be named the US bank’s new global head of foreign exchange sales in London, although a Lehman spokesman would not confirm the appointment.

The role of global head of forex sales has been vacant at Lehman since the beginning of the year, when Grant Whiteside moved across to the investment bank’s mortgage services business as chief executive. Gladwin left Barclays Capital on April 21 after eight years with the UK bank. A Barclays Capital spokesperson said Gladwin would not be replaced, but that his duties would be absorbed by existing management personnel.