The Career of Michael Nierenberg

Michael Nierenberg is a longtime executive in the financial services sector. Today, he is the chief executive officer, president and board chairman of New Residential Investment Corp. Nierenberg has held one or more of these positions since 2013 when he first joined the firm. He brings many years of experience overseeing departments that deal with mortgage financing, foreign exchange currencies and also interest rates. During his career, Michael Nierenberg has held a number of high level positions such as head of global mortgages and securitized products and also as a managing director. Michael has worked at a number of top financial services firms such as Lehman Brothers, Bear Stearns, and Bank of America Merrill Lynch.

As an executive and professional in the financial services industry, Michael Nierenberg has been able to provide guidance and leadership to every firm that he was worked at. During his career, he has used his expertise to help many top firms find ways to better manage their assets and serve clients. Michael has also been partially responsible for introducing or enhancing new programs pertaining to mortgage financing. Along with using his expertise to help his firms, he has also been an integral part of their global operations. This has allowed him to move up the ranks and become the top executive he is today.

When he was the head of global mortgages and securitized products, Michael Nierenberg would help manage mortgage lending programs for various firms. He spent his time overseeing professionals and the departments that provide mortgage lending products to clients. He has also bee involved in foreign exchange where he would help oversee operations that pertained to managing revenue from different world currencies. While he was working at Lehman Brothers, Michael was a key member who built its adjustable rate mortgage business. He would later become a member of the board of directors as the firm Bear Stearns. At this position, he was in charge of setting policies, devising strategies and also providing direction to the senior management and executives of the firm. With nearly two decades of experience in the financial industry, Michael Nierenberg has established himself as one of the most notable executives in the field.

About Michael Nierenberg: www.reuters.com/finance/stocks/company-officers/NRZ

Barclays Is Making Some Huge Moves That Include Naming Mike Bagguley As COO:

Renowned UK bank Barclays Plc has recently announced that its Macro Markets head Mike Bagguley is being promoted to the position of Chief Operating Officer for the firm. Barclays is a highly acclaimed investment bank and Mike Bagguley will now be responsible for overseeing a massive restructuring of the company’s business operations. This move is part of an overall push that Barclays is making to improve its profitability by cutting down on costs. Mike Bagguley is the individual that the company is now turning to in order to put this plan into motion. He will also work towards a goal of aligning the bank’s infrastructure as well as coordinating on numerous projects. As part of this move, Mike Bagguley is now the newest member of the Barclays executive team.

Mike Bagguley is a graduate of Warwick University where he earned his Bachelor of Science in Mathematics back in 1988. Since then, he has held numerous important positions in the financial industry that include serving as the VP of Bankers Trust. He held that position from 1993 until 2001. Since then he has been involved with Barclays in a number of different roles that have lead up to his current appointment as COO. Crunchbase is an outstanding site to find out more about Mike’s career as well as what he has going on regarding his work.

Mike’s previous success in helping the reshape Barclays macro business is a major reason that he has been promoted to the highly respected position of COO. Barclays is one of a handful of major banks that are now focussing more prominently on areas such as advisory services and equities during this time when areas such as trading have been affected greatly by the presence of regulations. Mike will now report to Tom King, the Investment Bank Chief at Barclays, in this new Chief Operating Officer role which has taken effect immediately upon its announcement. This overall of these areas of Barclays business is something that the investment banking firm has been actively pursuing since 2014. This program has seen a streamlining of the firm’s primary banking operations related to investment. As things stand now, this restructuring promises to yield the desired results.

http://www.heraldscotland.com/news/14036542.Barclays_promotes_Mike_Bagguley_to_key_investment_banking_unit_role/