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Barclays hires Morgan Stanley veteran Scott McDavid to lead equities

Barclays' co-heads of equities departed the UK lender in February

Scott McDavid is set to join Barclays as global head of equities in September

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By
Paul Clarke

Barclays has hired a Morgan Stanley veteran to lead its equities business following the departure of its co-heads in February.

Scott McDavid is set to join Barclays as global head of equities in September, according to a memo seen by Financial News. He joins from Morgan Stanley, where he was co-head of its stock trading business in the Americas and will report to the UK lender's co-head of markets Adeel Khan.

McDavid...