By Cassandra Jaramillo
Barclays PLC on Monday named Richard Fisher, who recently
retired from his post as head of the Federal Reserve Bank of
Dallas, as senior adviser at the bank.
Since leaving the Federal Reserve in March, Mr. Fisher has also
joined the board of AT&T Inc. and PepsiCo Inc.
Barclays said the appointment is effective July 1.
"His exceptional knowledge and extensive experience in monetary
policy, financial markets and services, global trade negotiations
and regulatory matters will be of tremendous value to Barclays and
to our clients," said Tom King, who is chief executive of the
investment bank at Barclays.
Mr. Fisher served as president and CEO of the Dallas Fed from
April 2005 to March 2015. During his tenure, Mr. Fisher was one of
the few Fed officials with direct market experience, after a career
dominated by his time as an investor.
He spent much of his time at the Fed at odds with its policy
choices. But he will be remembered as much for an extremely
colorful speaking style that contrasted delightfully with the
formal, jargony and sometimes turgid talk of many other central
bankers.
He previously was a deputy U.S. trade representative.
Write to Cassandra Jaramillo at cassandra.jaramillo@wsj.com
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