Barclays loses top clearing exec

Industry has seen string of departures from senior clearing roles over past year

Kahn built market-leading business at Barclays

Barclays has parted company with long-serving clearing executive, Ray Kahn.

Kahn is believed to have left the bank within the past week. He could not be reached for comment.

Kahn was a managing director with Barclays in New York, leading agency derivatives services risk, treasury, resources and regulatory management. He joined the bank in 2008, initially leading counterparty risk management for the prime services business, before taking charge of over-the-counter derivatives clearing in 2010 – a

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