Barclays has appointed Lincoln Fritz as head of cash management US within its corporate banking team, a new role based in New York.
The newcomer, Fritz, will be responsible for cash management services to multinational companies, non-bank financial institutions (NBFIs), and large local US corporates, as well as delivering local solutions for internationally active corporate treasurers active in the US market.
Fritz joins Barclays from HSBC Bermuda Ltd where he was previously head of payments and cash management. He has over 25 years’ worth of experience in the sector having also held various cash management roles at HSBC US, JP Morgan, and Chemical Bank.
Fritz’s appointment is intended to strengthen Barclays growing local corporate and transaction banking presence in the US as the bank seeks growth in the market.
Commenting on his appointment, Michael Mueller, head of international cash management origination at Barclays corporate banking division, said: “Lincoln’s cash management experience makes him an ideal candidate to lead our cash management offering in the US. His appointment builds upon our strategy of enhancing our presence in the US market.”
On the second day of this year's AFP conference Trump's potential tax reform, using synthetic debt and the expected benefits of SWIFT GPI were all hotly discussed topics.
Today CGI and GTNews have announced the launch of the fifth annual Transaction Banking survey report, which offers which offers critical insight into the corporate-to-bank relationship.
On-Demand Treasury Management Solutions continue to gain increased adoption in the US and EMEA regions.
Treasurers are being expected to do more work with fewer resources than ever before, so it is little wonder that the automation of day-to-day operations was highly discussed on the second day of EuroFinance, the annual treasury event held in Barcelona this week.