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Barclays’ Head of Loan Capital Markets for Asia to Retire

May 4 (Bloomberg) -- Richard Palmer will retire as Barclays Plc’s head of loan capital markets for Asia Pacific after 23 years with the bank.

Guy Smith and Richard Satchwell were named as co-heads to replace Palmer, Angie Tang, a Hong Kong-based spokeswoman, said over the phone today. They will report to Andrew Jones and Patrick Kwan, the co-heads of global finance and risk solutions for Asia Pacific, she said.

Smith heads the bank’s Asian leveraged finance and the North Asian loan capital markets businesses, Tang said. Satchwell is head of the Australian loan capital markets and leveraged finance businesses, she said.

To contact the reporter on this story: Wendy Mock in Hong Kong at

To contact the editor responsible for this story: Shelley Smith at

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