Mike Bagguley also goes by Michael Ray Andrew Bagguley. His location is known to be London, England. Mike earned his Bachelor of Science Degree in Mathematics from the University of Warwick in 1988. You will also find him to have memberships with Shareholder Representative Director starting in 2011 to the present year and LCH Group Holdings Limited.
According to Mike Bagguley’s profile on CrunchBase, he became the Chief Operating Officer for Barclays in June 2016. Before becoming the COO, Mike was the head of Barclays macro markets business. His job was to speed up the strategy to cut costs and improve profitability. He was asked by his managers to align the infrastructure functions, help coordinate, and deliver the products more efficiently.
Mike Bagguley was already doing so much for Barclays. This included overseeing reducing the size and reshaping the macro business part of Barclays. This meant that he had to effectively know the interest rates, foreign exchange, and the foreign commodities. Regulations were getting tougher as the trading revenues were falling which was making parts of the business unprofitable.
Other Senior Roles
Mike Bagguley has held many senior roles at Barclays since the year 2001. He also serves as the Managing Director and Global Head of the US Dollar Derivatives Trading/FX Trading at Barclays Capital. Since 2013, he served as the Head of Commodities and Foreign Exchange at Barclays PLC. While holding this position, he is responsible for all the aspects of risk and strategic positioning for Barclays Capital FX Franchise globally. He has also served as Head of the Head of FX Cash Trading and Head of Interest Rate Swaps.
Mike Bagguley has been a big part of Barclays for around 17 years. He has helped Barclays become the company they are today by reducing and reshaping the parts of the company that were not as productive as they could have been.