Barclays' decision to relocate one of its most senior investment bankers, Reid Marsh, to Hong Kong is a tried and tested effort to restore confidence after a torrid time in Asia for the British bank.
Marsh, currently based in London, has been appointed co-head of investment banking Asia-Pacific and will arrive in the region in mid-August. But his move is effective immediately.
As vice-chairman of investment banking and chairman of the industrials group he has worked on some big-ticket deals, which include providing advice to Volkswagen on its 4.5 billion merger with Porsche and to India's Tata Motors on its $2.3 billion acquisition...
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