Barclays Appoints Chairman of Global Financial Institutions Group
June 13 2016 - 12:02PM
Business Wire
Barclays announces the appointment of Tim Main as Chairman of
Global FIG, based in New York. Mr. Main joins Barclays from
Evercore Partners where he was most recently Senior Managing
Director, with responsibility for covering clients in banking,
specialty finance and wealth and asset management.
Mr. Main has more than 25 years of experience in banking and has
advised on some of the largest and most transformational deals over
the past two decades including the merger of Wachovia and
Wells Fargo, RBC’s $4.1bn acquisition of Ally Canada and most
recently M&T Bank’s takeover of Hudson City for $3.7bn.
Prior to joining Evercore, Mr. Main spent over 20 years at J.P.
Morgan, which he joined as an analyst in 1987 and where he gained
unique experience working in the CEO’s office. He then moved on to
run Global ECM and, most notably, led J.P. Morgan’s FIG business
for over 10 years acting as in-house advisor on J.P. Morgan’s own
deals.
Commenting on the appointment, John Miller, Head of Americas
Banking, said: “Tim has an outstanding track record and vast
knowledge, experience and relationships. His expertise fits
perfectly with our origination-led banking model. This appointment
reflects our ongoing commitment to bringing top-tier talent into
Barclays, and providing clients with first-class strategic
advice.”
In his role as Chairman of Global FIG, Mr. Main will be
responsible for developing further relationships and strategic
dialogue with key clients worldwide. He will continue to use his
expertise within the FIG franchise, while selectively working
across a range of other sectors within the financial services
landscape. He will work closely with Lee Einbinder and Richard
Bonaventura, Co-Heads of FIG Banking in the Americas, and report to
Mr. Miller.
Mr. Main has an A.B. in Economics and Mathematics from Princeton
University.
Barclays’ Investment Bank is currently ranked 6th in the
Dealogic Fee Share league table, and remains the highest ranked
European bank globally and in the Americas at the end of May.
Within the FIG sector, Barclays has advised on notable transactions
including: GE Capital’s sale of its Commercial Lending and Leasing
platforms in France and Germany to Crédit Mutuel, Catlin’s sale to
XL Group plc, Deutsche B�rse’s proposed merger with London Stock
Exchange, and Element’s acquisition of GE Capital’s Fleet
Operations.
As Barclays continues to build on its strength as a
transatlantic tier one Investment Bank, anchored in the two
financial centers of the world, London and New York, Barclays will
continue to strategically invest to ensure it meets the complex
needs of its clients worldwide. To support this strategy, Barclays
has recently appointed:
- Carlo Calabria, Chairman, M&A EMEA,
who joined from CMC Capital (March 2016)
- Jason Haas, Head of Americas
Healthcare, David Levin, Co-Head of Healthcare M&A, and Evan
Matlin, Director in the Healthcare Banking team, who joined from
Deutsche Bank (March 2016)
- Eric Biddle, Managing Director,
Consumer Retail Banking, who joined from Bank of America (March
2016)
- Ben Taylor, Managing Director,
Healthcare Banking, who joined from Goldman Sachs (December
2015)
- Christine Poon, Senior Advisor,
Healthcare Banking, who joined form Johnson & Johnson Inc.
(December 2015)
Barclays is a transatlantic consumer, corporate and investment
bank offering products and services across personal, corporate and
investment banking, credit cards and wealth management, with a
strong presence in our two home markets of the UK and the US. With
over 325 years of history and expertise in banking, Barclays
operates in over 40 countries and employs approximately 130,000
people. Barclays moves, lends, invests and protects money for
customers and clients worldwide. For further information about
Barclays, please visit our website www.barclays.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160613006108/en/
BarclaysKerrie Cohen, +1
212-412-4096kerrie.cohen@barclays.com
Barclays (NYSE:BCS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Barclays (NYSE:BCS)
Historical Stock Chart
From Apr 2023 to Apr 2024