Joseph Lee has joined Barclays as head of high touch sales trading for the APAC region.
Based in Hong Kong, he reports to Christian Treuer, APAC head of equities distribution, and Peter Ramsey, global head of cash equities.
Lee’s appointment marks Barclays’ push into high-touch execution in the region, offering an alternative to its existing program and electronic trading capabilities.
The firm stated, “This appointment reflects Barclays’ long-term commitment to its APAC equities business and its focus on building a differentiated platform that delivers stronger execution, deeper client partnerships, and sustainable growth.”
In global markets, Barclays’ equities income was up 38% quarter-on-quarter to £963 million in the first three months of the year. Year-on-year, this marked an 8% increase.
The announcement is the latest in a string of appointments on Barclays’ APAC equities team, with Paul Johnson named head of equities for the region in January.
READ MORE: Barclays continues APAC hiring with Paul Johnson
In May, Avinash Thakur was promoted to head of the APAC investment banking division. Changes were also made to leadership in the overall region, India, and Australia.
READ MORE: Barclays reorganises APAC IB
Lee has three decades of industry experience and joins Barclays from HSBC, where he was head of block liquidity in Hong Kong. Prior to this, he held roles including head of Korea equities and APAC high touch execution at Credit Suisse and worked at firms including Deutsche Bank and Goldman Sachs.
