Mr. Gapen will head the US Economics Research team
LONDON, 26-11-2014 — /EuropaWire/ — Barclays today announced the appointment of Michael Gapen as Chief US Economist. Based in New York, Mr. Gapen will lead the US Economics Research team and will report to Christian Keller, Head of Economics Research.
“Michael has played a key role in the success of our US Economics product and building our client franchise,” said Mr. Keller. “His experience and deep knowledge of the US economy is complemented by a commercial focus on highlighting investment opportunities created by economic and monetary policy changes. His views are valued by our clients worldwide.”
Prior to taking on this role, Mr. Gapen was a Senior US Economist at Barclays, responsible for the firm’s outlook for the US economy and, in particular, US monetary policy and the effect of financial markets on the economy. He will continue with these responsibilities in his new role. Mr. Gapen joined Barclays in 2010 from the Board of Governors of the Federal Reserve, where he was Section Chief responsible for monetary and financial market analysis. Prior to that, he served as an Economist with the International Monetary Fund.
Mr. Gapen has also taught Finance and Economics at institutions including the Kelly School of Business at Indiana University, Mendoza College of Business at Notre Dame, and Johns Hopkins University. He holds a Ph D in Economics from the Department of Economics at Indiana University.
Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.
With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 135,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
For further information about Barclays, please visit our website www.barclays.com.