Portfolio trading head departs Macquarie

Richard Bateson departs firm after seven years in charge of global portfolio trading.

Macquarie’s global head of portfolio trading, Richard Bateson, has left the firm The TRADE understands.

Bateson is thought to have tendered his resignation in August and left the firm on gardening leave this month.

He first joined Macquarie’s London office in 2010 to head up portfolio trading, coming from Numis Securities where he worked as a trader for two years.

Other past roles include at Bear Stearns, JP Morgan and Lehman Brothers. He began his career in 1996 as a trader for Desdner Kleinwort.