Category Archives: Banking

The Success of Mike Bagguley in the Banking Sector

Michael Roy Bagguley is the Investment Unit Chief Operating Officer at Barclays Bank Plc. He was promoted from an Investment Unit head of Macro Banking to COO in 2015. Mike is also the Global Head and Managing Director of U.S. Dollar Derivatives Trading/FX Trading at Barclays Capital. He previously served as the bank’s head of commodities and foreign exchange from May 2013. Mike Bagguley has held several senior positions since joining the bank in 2001.

Mike has also served in senior positions for other leading institutions such as senior vice president, head of trading Hong Kong Sanwa FP Co. LLC and head of Asian Swap trading at Merrill Lynch. Since March 2013, he has served as a shareholder representative director at LCH, Clearnet Group Ltd. Mike is also a director for the Association of Financial Markets Europe. Mr. Bagulley graduated with a Bachelor of Science in Mathematics from the University of Warwick in 1988 and is a fellow of the Institute of Actuaries.

You can learn more about Mike Bagguley by visiting Surprisingly, Mike has made an impressive impact on all the positions that he has served in over the years. He was in the lead of projects such as the FX and Commodities Businesses across G10 and EM. Mike was also at the forefront of the execution of the first oil deals at Barclays and also commissioned the integration of rates. As head of FX trading, he steered Barclays to second place in the Euromoney FX survey, which is the highest ranking the Bank has ever received. Mike was also involved in the rationalization of the bank’s operating platform by to align the company technology with its domain and services and also to maximize all strategies’ execution.

Mike Bagguley believes that it is essential to dedicate time to one task and give it maximum attention to get the best results. He advises that it is important to have priorities and to understand the tasks that you need to reject so that you first complete the first project. Putting too many projects and working on all of them at the same time does not get you best results. Mr. Bagguley is fascinated about the climate change and the future of robot advisors.

The Banking Solution in Dallas, Texas

During the 5th annual strategic opportunities and M&A conference which was held in Louisiana, the president of Nexbank was selected as one of the panelists. The conference is a means through which bank leaders can share perspectives on the key opportunities and challenges facing different bank leaders. The participants in the conference also explore the possibilities of strategic growth and branching. The president of Nexbank, Mr. John Holt, took part in the panel discussion that focused on the topic “Reinventing community banking: perspectives on competing by innovation.”

Nexbank is a financial institution that mainly serves its clients in three core areas which include Commercial Banking, Mortgage Banking, and Institutional services. The bank’s main objective is to provide personalized financial and banking services to institutional clients, financial institutions, and corporations nationally.

The bank was established in 1934, and its headquarters are in Dallas. It is one of the largest banks in the fine state of Texas. The bank also boasts of being the 200th largest bank in the nation. Nexbank has 86 employees in its four locations. It has money rates twice as much as the national average and also has an A rank health rating.

Nexbank has $5.3 billion worth of assets which it invests in making profits on its client’s money. The mission of the bank is to deliver exceptional value at every opportunity and provide their customers with unique access to sophisticated and custom tailored solutions which they get from experienced professionals with proven and reliable track records.

The bank also has the option of providing clients with loans with a legal lending limit of $101 million. Nexbank can aid its customers in times of need since all clients are to be given flexible return rates which can be paid in due time.