LONDON: Barclays Head of Macro Trading for EMEA and Asia Pacific, Nat Tyce, is leaving after more than 25 years, a staff memo seen by Reuters shows, after transforming the trading unit into one of the bank’s highest-flying divisions.

The memo, which was signed by the bank’s macro trading boss Michael Lublinsky and was distributed to staff in recent days, said Tyce had been “instrumental” in building and growing the macro franchise.

“Nat has been a deeply valued colleague on the Macro Management Committee, a close partner and friend to me and hundreds of colleagues during his tenure, and will be deeply missed at Barclays,” the memo said.