BARCLAYS TO SPLIT EURO TRADING HUB – Barclays Bank have plans to divide its Euro Rates team due to Brexit. The bank wants to move the unit that trade eurozone government bonds and interest rate swaps away from the main trading floor in London. The move is positioned in such a way that Barclays will continue trading euro securities with their EU clients, even if the UK was to crash out of the EU in March 2019 without a transition agreement or a trade deal to maintain access to the bloc’s single market. Barclays have not yet decided where the new Euro Rates trading desk is going to based but the team is expected to be no larger than 10 traders. #SpartanInternational