Barclays veteran banker Hans-Joerg Rudloff has decided to retire from his position as chairman of the investment bank. With a career spanning almost 50 years, 73-year-old Rudloff is widely known around the industry as one of the fathers of the Eurobond market. His career began in 1965 when he joined Credit Suisse in Geneva after his graduation. Three years later he moved to New York and joined Kidder Peabody, where he remained for 11 years. He rejoined Credit Suisse in 1980. It was during that second stint with the Swiss bank that the Eurobond market took off, multiplying tenfold by 1990 from US$18.5bn in 1980. He joined Barclays in 1998, when former chief executive Bob Diamond was building Barclays Capital.
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