Barclays hires head of cash management for Germany
Barclays has hired Frank Hofmann as head of cash management for Germany within its corporate banking team.
In his role, Hofmann will be responsible for driving the delivery of cash management services to multi-national and large local German corporates as well as delivering local solutions for internationally active corporates in Germany.
Hofmann joins Barclays from SEB in Frankfurt where he spent six years driving the German cash management business.
Barclays Corporate head of international cash management origination Michael Mueller said that Frank's cash management experience makes him an ideal candidate to lead their cash management offering in Germany.
"His appointment builds upon our strategy of enhancing our presence in the German market by delivering best in class financial solutions to suit our clients' business needs," added Mueller.
Barclays Corporate provides integrated banking solutions to businesses with an annual turnover of more than GBP5min the UK and local companies, financial institutions and multinationals in non-UK markets.
Related Insight
Suppliers Directory
Wealth & Assets Management Asset Management Hedge Funds Private Equity Mutual Funds
Intermediaries Prime Brokerages Custody & Clearing ECN & Exchanges
Technology Banking Technology Security Tech Outsourcing & BPO
Policies & Regulatory Compliance Risk Management
Retail Banking Intelligence
Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Buy online from $125
Comments may be moderated for spam, obscenities or defamation.