BCS Barclays PLC

--Barclays is getting ready to split its euro rates trading team and plans to move part of the division that trades in eurozone government bonds and interest rate swaps from its London trading floor, reports the Financial Times.

--The split will let Barclays continue to trade euro securities with clients on the continent's mainland even if the U.K. leaves the European Union next March with no trade deal or transition agreement to keep access to the single market, according to the FT.

--The FT reports that Barclays intends to make Dublin its main EU hub outside of London, adding up to 200 additional staff.

Full story: https://on.ft.com/2GHKYgK

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(END) Dow Jones Newswires

April 09, 2018 03:32 ET (07:32 GMT)

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