Barclays Rebuilds CO2 Trading Desk After Decade-Long Hiatus
- Media Manager
- Nov 1, 2023
- 1 min read
Bloomberg
Written By: Alastair Marsh
Published: November 2nd, 2023
Highlights:
Banks, hedge funds line up to get a foothold in carbon trading
Barclays’ decision is seen as ‘a sea change’ for the bank
Barclays Plc is rebuilding its presence in a market from which it retreated a little over a decade ago: carbon trading.
The London-based bank appointed a veteran of Shell Plc, Oliver Morning, to run the operations, according to people familiar with the hiring process who asked not to be identified discussing job moves they’re not authorized to make public.
