More high-level departures at Barclays


The news continues to fly fast on Barclays (BCS) amid the strategic review of its investment bank which is to be unveiled on Thursday. The weekend's news:

Investment banking chief Ros Stephenson is joining UBS, where he'll be global chairman of corporate client solutions.

The bank's head of M&A - Paul Parker - is expected to quit ahead of Thursday's presentation, bringing to four the number of high-level bankers exiting ahead of the big day. A source, reports the FT, says Parker - a former Lehman banker - is being eased out as part of the management changes.

The bank may put its retail operations in continental Europe up for sale, reports The Telegraph.

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Comments (2)
  • Patent News
    , contributor
    Comments (1474) | Send Message
     
    what about high level prosecutions?
    5 May 2014, 07:53 AM Reply Like
  • salvatort
    , contributor
    Comments (411) | Send Message
     
    Ros Stephenson is a "she"...
    5 May 2014, 03:52 PM Reply Like
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