Seeking Alpha

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.
Comments (2)
  • Patent News
    , contributor
    Comments (1422) | Send Message
    what about high level prosecutions?
    5 May 2014, 07:53 AM Reply Like
  • salvatort
    , contributor
    Comments (357) | Send Message
    Ros Stephenson is a "she"...
    5 May 2014, 03:52 PM Reply Like
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