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People moves news

Barton to leave Nationwide amid restructure


01 November 2023 UK
Reporter: Carmella Haswell

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Image: Pcess609/stock.adobe.com
Terry Barton will depart from Nationwide Building Society in January 2024 after nine years following a restructuring within the bank.

Barton has held his current role as head of short term funding and derivatives for almost six years. Prior to this, he was senior manager of collateral and encumbrance optimisation.

He joined Nationwide from a 12-year tenure at Danske Bank, where he acted as a senior repo, liquidity and collateral trader.

Earlier in his career, Barton was a repo trader for Morgan Stanley’s fixed income department between 1990 and 2002. He was also part of money markets trade support at Yamaichi International from 1988 to 1990.

Barton will take a period of gardening leave before his official departure from the bank. He continues to seek opportunities within the treasury space.

Nationwide has been approached for comment.
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