Articles from Barclays

Barclays US Consumer Bank announced today that it will launch a new suite of banking products with exclusive offers for AARP members across the United States. Starting in spring 2025, Barclays will introduce high-yield savings accounts and CDs, and in 2026, personal loan products that will feature competitive interest rates exclusively for AARP members.

Barclays Research today released a new Impact Series report, entitled “AI revolution: Meeting massive AI infrastructure demands.” Focused on the US, as the market leader for the technology, Barclays Research finds that AI growth could lead data-centre usage to triple by 2030.

RCI®, a global travel network and the travel industry’s leading vacation exchange platform to 3.5 million members around the world, and Barclays US Consumer Bank, a leading credit card issuer and financial services partner, today announced the renewal of its co-branded credit card program in the United States.

Barclays today announces the appointment of Brad Rogoff as Global Head of Research, effective 1 October 2024. Currently the Head of FICC Research, Mr. Rogoff is based in New York and will report to Stephen Dainton, Head of Investment Bank Management and President, BBPLC. He will join the Investment Bank Management Team, US Executive Committee and chair the Research Executive Forum.

Barclays today announces the appointments of Derek McNulty as Global Co-Head of Chemicals Investment Banking, Derek Davidson as Head of Americas Commercial, Residential and Industrials Services, and Jared Itkowitz as Head of Americas Transportation and Logistics within Industrials Investment Banking. All three are based in New York and report to Spyros Svoronos, Global Head of Industrials Investment Banking.

Barclays today announces the appointment of Abhishek Singhal as a Managing Director within Technology Investment Banking focused on the Payments sector. Mr. Singhal will be based in New York and will report to Kristin Roth DeClark, Global Head of Technology Investment Banking. His appointment will further strengthen the Payments coverage effort led by Gary Katz, Global Head of Payments Banking.

Barclays today announces the appointment of Rob Patterson as Head of Data & Information Platforms Coverage within the Technology Investment Banking business. Mr. Patterson will be based in New York and will report to Kristin Roth DeClark, Global Head of Technology Investment Banking.

Barclays today announces the appointment of Cathy Leonhardt as Global Head of Retail within Investment Banking. Ms. Leonhardt will be based in New York, and will report to Lowell Strug, Global Head of Consumer and Retail Group.

Barclays today announces the appointment of Martin Douglass as Head of Financial Sponsors M&A. Mr. Douglass will be based in New York, and will report to Dan Grabos, Head of Americas M&A. Mr. Douglass will work in close partnership with JF Astier, Global Head of Financial Sponsors Group, and Christian Oberle, Head of Americas Financial Sponsors Group.

Barclays today announces the hire of Stephen Stewart as Head of M&A Execution for Canada. Mr. Stewart is based in Toronto, and dually reports to Ryan Voegeli, Head of Investment Banking for Canada, and Dan Grabos, Head of Americas M&A. Mr. Stewart is responsible for the leadership of the Canadian M&A Investment Banking business.

Barclays today announced the appointment of Jonathon Traer-Clark as Head of Americas for its Global Transaction Banking (GTB) business.

Barclays PLC notes the Federal Reserve Board’s (“FRB”) publication of the results from its annual bank stress tests on 26 June 2024. The projected capital ratios for Barclays US LLC (Barclays’ US intermediate holding company) remained above the regulatory minimum required levels across all nine quarters of the test.

Barclays is pleased to announce the appointment of Alexander Altmann as Managing Director and Global Head of Equities Tactical Strategies. Mr Altmann will join the bank in June and will be based in New York, reporting to Ronnie Wexler, Global Head of Equities Distribution.

Barclays today announces the appointment of Stephen Pick as Head of M&A for EMEA; Pier Luigi Colizzi as Chairman of M&A for EMEA; and Asim Mullick as Head of M&A for Financial Sponsors for EMEA.

A critical element of Barclays’ Investment Banking strategy and net zero ambition is support for clients as they navigate the transition to a low-carbon economy. As part of Barclays’ continued investment in the Energy Transition sector, Rafael Abati has been appointed Co-Head of the Energy Transition Group (ETG) in EMEA, alongside Marie Freier.

AGL Credit Management LP (“AGL” or the “Company”), a premier investment manager specializing solely on corporate credit strategies, and Barclays Plc (“Barclays”), a global Investment Bank, today announced an exclusive Cooperation Agreement and the launch of a new private credit investment platform, AGL Private Credit ("AGL PC").

Barclays today announces the appointment of David Garner as Managing Director and Global Head of Securitized Products Bond Trading. Mr. Garner will join the bank in June and will be based in New York, reporting to Scott Eichel, Global Head of Securitized Products (“SP”).

Barclays and New York Liberty today announced a new multi-year partnership in which Barclays will become the team’s Official Banking Partner, in a deal that includes marquee jersey patch placement beginning with the 2024 WNBA season. This partnership, one of the largest injections of sponsorship capital in Liberty history, underscores a mutual commitment to advancing gender equity on and off the court.

Barclays today announces the appointment of Na Wei as Global Head of Leveraged Finance, reporting to Travis Barnes and Tom Johnson, Global Co-Heads of Capital Markets at Barclays.

Barclays today announces that it is establishing a new Energy Transition Group, within its Corporate and Investment Bank. The new group will be responsible for providing strategic advice to clients as they explore potential energy transition opportunities.

Barclays Research and IBM’s Institute for Business Value today released a new Impact Series report, entitled “AI revolution: productivity boom and beyond.” The report examines whether AI can become the final accelerator to boost productivity and what this could mean for industries and the wider economy.

Barclays today announces the appointment of Ryan Voegeli as Head of Investment Banking for Canada. Mr. Voegeli will be based in Toronto.

Barclays is delighted to announce that after a rigorous process, 81 colleagues in the Corporate and Investment Bank have been promoted to Managing Director, effective 1 January 2024. These individuals have consistently shown outstanding outcomes for clients and exemplary leadership.

Barclays today announces the appointment of Ian Woods as Vice Chairman, Industrials Investment Banking. Mr. Woods will lead Barclays’ efforts with our Building Products and Distribution clients and be based in New York. He will report to John Lange, Global Head of Energy and Global Co-Head of Industrials Investment Banking, and Spyros Svoronos, Global Co-Head of Industrials Investment Banking.

Barclays today announces the appointment of Jed Brody as a Managing Director and Head of Americas Healthcare Banking. Mr. Brody will be based in New York, and report to Rick Landgarten, Global Head of Healthcare and Real Estate Investment Banking.

Barclays today announces the appointment of Geoffrey Belsher as Chairman and Country Chief Executive Officer for Canada, effective Monday 16 October and subject to regulatory approval. Mr. Belsher will be based in Toronto and report dually to Richard Haworth, CEO of the Americas and Cathal Deasy and Taylor Wright, Global Co-Heads of Investment Banking.

Barclays today announces the appointment of Michael Del Giudice as Chairman of Financial Sponsors Group. Mr. Del Giudice will be based in New York and report to Jean-Francois Astier, Global Head of Financial Sponsors Group.

Meghan Graper and Barbara Mariniello, Barclays’ Global Co-Heads of Debt Capital Markets, have been named to American Banker’s 2023 Most Powerful Women in Finance list. Now in its 21st year, American Banker’s The Most Powerful Women in Banking™ initiative recognizes individuals and teams for demonstrating exceptional leadership skills, strong business performance and a commitment to driving real outcomes for diversity, equity and inclusion in financial services.

Barclays today announces the appointment of Christian Oberle as Head of Americas Financial Sponsors Group. Mr. Oberle will be based in New York and report to Jean-Francois Astier, Global Head of Financial Sponsors Group. Mr. Oberle has close to 20 years of investment banking experience and joins Barclays from JP Morgan where he was a senior Managing Director and held key account responsibility for Apollo Global Management, Advent International, EQT Partners, KPS Capital Partners, New Mountain Capital, and other financial sponsor clients.

Barclays today announces the appointment of Sterling Auty as Vice Chairman focused on the Software sector in the Technology Investment Banking Group. Mr. Auty will be based in New York, and report to Kristin Roth DeClark, Global Head of Technology Investment Banking.

Barclays today announced new senior appointments in Healthcare Investment Banking and in Equity Research. They include the hiring of Maneet Singh and appointment of Evan Matlin as new Co-Heads of Healthcare M&A in the United States, Jon Swope joining the Healthcare Information Technology Banking team, and Stephanie Davis in Equity Research.

Barclays today announces the appointment of Pedro Costa as Vice Chairman, Technology, Media, and Telecommunications (TMT) M&A in the Americas. Mr. Costa will be based in New York and report to Ihsan Essaid and Gary Posternack, Global Co-Heads of M&A.

Barclays today announces the appointments of Emma Taylor as Global Head of Internet Coverage and Carmen Chan as a Managing Director of Internet Coverage within the Technology Investment Banking business.

Barclays today announces the appointment of Lee Counselman as a Managing Director within the Technology Investment Banking business. In this role, he will work closely with Ben Freeland, Global Head of Software Banking, and report to Kristin Roth DeClark, Head of Technology Investment Banking. Mr. Counselman will focus on strategic M&A and Equity work within the Software Banking team and will be based in Boston. He joins Barclays early next year.

Barclays is pleased to announce the appointment of James Edmonds as Global Head of Sustainable Project Finance in its Corporate and Investment Bank.

Barclays today announces the appointment of Spyros Svoronos as Global Co-Head of Industrials within the Investment Banking business. In the role, he will co-lead the business with John Lange and report to Taylor Wright and Cathal Deasy, Co-Heads of Investment Banking. Mr. Svoronos will join the Investment Banking Management Team and be based in New York.

Barclays today announces the appointment of Ricardo Fernandez as Head of Investment Banking for Mexico. In this role Mr. Fernandez will report to Raul Martinez-Ostos, Chairman and CEO of Barclays for Mexico and Latin America.

Barclays is pleased to announce the appointment of three new senior hires in the Corporate and Investment Bank.

Barclays today announces the appointment of Dan Grabos as Co-Head of Americas M&A, alongside Larry Hamdan, based in New York. In this expanded role, Mr. Grabos will provide critical strategic advice and execution on M&A transactions for Barclays’ global clients. Mr. Grabos will also continue to serve as Co-Head of Industrials M&A, a role he has held since joining Barclays in 2018.

Barclays today announced the appointment of Jim Birchenough, MD, as Chairman of Global Healthcare Investment Banking and Co-Head of Global Biopharma Investment Banking, based in San Francisco.

Barclays today announced enhancements to its childcare leave policy in support of all new and expectant parents in the US.

Barclays today announced the appointment of Jack Rabun as a Managing Director and Head of Asset and Wealth Management North America within the Financial Institutions Group (FIG), based in New York.

Barclays announces the appointment of Christopher Ludwig as a Managing Director in Shareholder Advisory. Mr. Ludwig will be based in New York and report to Jim Rossman, Global Head of Shareholder Advisory at Barclays.

Barclays today announces the appointment of Scott McDavid and Ronnie Wexler as Global Head of Equities, and Global Head of Equities Distribution respectively.

In this year’s edition of our flagship annual publication, Barclays Research analysts delve into several supply shocks the world is likely to face in coming years and how they might impact the global economy. Analysts find that on almost all fronts, the world is likely looking at a more inflationary environment than in the last three decades.

Barclays announces the appointments of Douglas Melsheimer as a Managing Director in Technology Investment Banking, and Vladimir Ganchev as a Managing Director in Technology M&A. Mr. Melsheimer will focus on software, with emphasis on Human Capital Management (HCM) Software and Customer Experience (CX), and will report to Marco Valla, Global Head of Technology, Media and Telecom (TMT) Banking at Barclays. Mr. Ganchev will report to Richard Hardegree, Head of Technology M&A at Barclays. Both Mr. Melsheimer and Mr. Ganchev will be based in New York.

Barclays today announces that Taylor Wright and Cathal Deasy have been appointed Co-Heads of Investment Banking, effective 27 March and subject to regulatory approvals. In their new roles, Mr. Wright and Mr. Deasy will jointly manage the business across coverage and product groups and will be tasked with deepening client relationships and dealmaking efforts around the world. They will report to Paul Compton, Global Head of Barclays’ Corporate & Investment Bank and President, Barclays Bank Plc, and will join the CIB Management Team.

Barclays today released the 10th edition of its Impact Series, entitled “Global food systems under mounting pressure.” The research report examines how the war in Ukraine, coupled with extreme weather events, is threatening food security globally.

Barclays today announces the appointment of 85 new Managing Directors within the Corporate and Investment Bank, effective 1 January 2023.

Barclays announces the appointment of Jim Rossman as Global Head of Shareholder Advisory. Mr. Rossman will be based in New York and report to Gary Posternack and Ihsan Essaid, Global Co-Heads of M&A at Barclays.

Barclays has appointed Tim Main, Reid Marsh and Arif Vohra to new leadership roles as part of its strategy to accelerate growth in its Investment Banking franchise.

The U.S. Securities and Exchange Commission (“SEC”) has announced the resolution of its investigation of Barclays PLC (“BPLC”) and Barclays Bank PLC (“BBPLC”) relating to the over-issuance of securities by BBPLC under certain of its U.S. shelf registration statements. Pursuant to the terms of the resolution and as reflected in BPLC’s and BBPLC’s H122 Results Announcements, BPLC and BBPLC will pay a combined penalty of U.S.$200 million, without admitting or denying the SEC’s findings. The SEC has confirmed that BBPLC’s independent rescission offer to noteholders satisfies its requirements for disgorgement and related prejudgment interest.

A critical element of Barclays’ net zero ambition is support for clients as they navigate the transition to a low-carbon economy. As part of Barclays’ continued investments in this sector, Marie Freier has been appointed Global Co-Head of Sustainable and Impact Investment Banking (SIB), alongside Brian Reilly.

Barclays has appointed Daniel Hanna as Global Head of Sustainable Finance for the Corporate and Investment Bank with the responsibility for creating a market-leading center of excellence for sustainable finance. He will be based in London and joins the Corporate and Investment Bank’s Management Committee.

Barclays has appointed Marc Giannoni as Managing Director and Chief US Economist for Research. Giannoni is based in New York and reports to Christian Keller, Head of Economics Research.

Barclays announced an increase to its minimum hourly pay rate in the United States, a move that will benefit over 900 colleagues and begin this month, March 2022.

Barclays today announces the appointment of Graham Warner as Americas Head of International Corporate Banking. Graham will report to Phil Bowkley, Head of International Corporate Banking, and will be based in New York.

Barclays Bank PLC (“Barclays” or the “Issuer”) announced that the website domain for its iPath® Exchange-Traded Notes (“ETNs”) has changed from www.ipathetn.com to ipathetn.barclays. Information about the ETNs, including prospectuses, fact sheets and other material related to the ETNs, can now be accessed by visiting the new domain, ipathetn.barclays.

Barclays has been named Prime Broker of the Year by Risk Magazine, which recognized the firm for its overall strategy, focus, and gains over the last five years.

Barclays today announces the appointment of François Baroin as Chairman, France.

Barclays Investment Bank today announces the appointment of Sven Baumann as Head of Investment Banking for Germany, Austria and Switzerland (DACH).

Barclays announces the appointment of Jefferson Rives as a Managing Director in Healthcare Investment Banking. Mr. Rives will be based in New York, and will focus on healthcare services including IT, payer and pharma supply chain. He will report to Rick Landgarten, Global Head of Healthcare & Real Estate Groups at Barclays.

Barclays Bank PLC announced today that during the next quarterly CIBC Atlas Select MLP Index (the “Index”) rebalancing period, which will commence following the close of business on Friday, October 8, 2021 (the “Rebalancing Date”), there will be no changes to the constituents in the Index.

Barclays is pleased to announce the appointment of Gabriel Casillas as the new Chief Economist for Latin America. Mr. Casillas will be based in New York and will focus on driving Barclays’ economic research across Latin America, in addition to covering the Mexican economy. He will report to Christian Keller, Head of Economics Research.

Barclays announces the appointment of Naeem Merchant as a Managing Director in Healthcare Investment Banking. Mr. Merchant will be based in New York, and will focus on the Pharmaceutical Services and IT sectors. He will report to Rick Landgarten, Global Head of Healthcare & Real Estate Groups at Barclays.

Barclays announces the appointment of Amit Tyagi as a Managing Director in Healthcare Investment Banking. Mr. Tyagi will be based in New York, and will focus on the Tools and Diagnostics sector. He will report to Rick Landgarten, Global Head of Healthcare & Real Estate Groups at Barclays.

Barclays Bank PLC (the “Issuer”) announced today that it has extended the expiration date of its previously announced cash tender offer (the “Offer”) to purchase any and all of its iPath® Bloomberg Natural Gas Subindex Total Return℠ ETNs due October 22, 2037 (Ticker: GAZZF / CUSIP: 06739H644 /ISIN: US06739H6449) (the “Notes” or “ETNs”) and solicitation of consents (the “Consent Solicitation”) from holders of the Notes (the “Noteholders”) to amend certain provision of the Notes (the “Proposed Amendment”), subject to applicable offer and distribution restrictions set out in the Amended and Restated Offer to Purchase and Consent Solicitation Statement dated July 30, 2021 (which may be further amended or supplemented from time to time, the “Statement”). Noteholders who validly tender (and do not validly withdraw) their Notes will be deemed to have consented to the Proposed Amendment under the Consent Solicitation.

Barclays today announces the appointment of Laurent Meyer as Vice Chairman for Investment Banking Europe.

Barclays today announces the appointment of Ingrid Hengster as Country CEO for Germany, subject to regulatory approval. Ingrid has asked the Chairman of the Board of Supervisory Directors of KfW to terminate her contract and will agree her Barclays start date with her current employer.

Barclays today announces that Pier Luigi Colizzi, currently Head of M&A for Europe, Middle East and Africa, has been appointed Head of Investment Banking for Continental Europe. As part of his new responsibilities, Pier Luigi will join the Barclays Europe Executive Committee.

Barclays Bank PLC announced today that during the next quarterly CIBC Atlas Select MLP Index (the “Index”) rebalancing period, which will commence following the close of business on Friday, July 9, 2021 (the “Rebalancing Date”), there will be no changes to the constituents in the Index.

Barclays announces the appointment of David MacGown as a Managing Director in Financial Institutions Group (FIG) Banking. Mr. MacGown will be based in New York, and will report to Gary Antenberg and Joel Fleck, Co-Heads of FIG Americas.

Barclays announces the appointment of Tim Devine as a Managing Director and Co-Head of Financial Institutions Group (FIG) M&A. Mr. Devine will be based in Chicago, and will report to Tim Main, Global Head of FIG Banking, and Larry Hamdan, Head of M&A Americas.

Ossiam and Barclays are celebrating the third anniversary of the creation of the Ossiam ESG Low Carbon Shiller Barclays CAPE US Sector UCITS ETF.