FNG Exclusive… FNG has learned that David Barrett, the longtime CEO of Retail FX and CFDs broker EBC Financial’s FCA licensed UK arm, has left the company.

David Barrett has been CEO of EBC Financial Group (UK) Ltd since 2020, and has also served as CEO of the group’s offshore Cayman Islands operation, EBC Financial Group (Cayman) Ltd. David was previously Executive Director at AIG Financial Products / Banque AIG London, and also worked for a number of banking institutions in various trading roles including Chemical Bank, NatWest, Credit Lyonnais, ABN Amro, and Nomura.

EBC Financial, which sponsors FC Barcelona as its Official Partner in Foreign Exchange, is operated by EBC Group, and has offices globally but is run mainly from Hong Kong and China. EBC has licensed subsidiaries in the UK and Australia, and offshore in St. Vincent and the Grenadines, Mauritius, Comoros, and the Cayman Islands. The company focuses mainly on Chinese and other Far East based traders. EBC is controlled by Chinese national Qin Huazheng.