Finance

Barclays hires SocGen veteran Meyer as European dealmaker hiring spree continues

Barclays has hired a 23-year veteran from Societe Generale for a senior investment banking job in Europe as the UK lender continues to bolster its presence on the continent.

Laurent Meyer has joined as vice chairman for investment banking in Europe, with a mandate to focus on large clients in France and across the continent. His appointment follows the hire of Ingrid Hengster as country CEO for Germany and global chair of investment banking and the promotion of Pier Luigi Colizzi to lead its dealmaking capabilities on the continent over the past week.

Barclays is on a fresh push to expand on the continent following an effort to bolster its team of dealmakers in Europe in 2018. Under former chief executive Antony Jenkins, the bank retreated from some European countries to focus on its core markets of the UK and US.

READ Barclays unveils raft of changes to top of investment bank

However, Barclays executives have said that it has renewed ambitions to add talent. In a statement announcing Hengster’s appointment, Francesco Ceccato, CEO of Barclays Europe said it has “ambitious growth aspirations” for the region.

The bank has also hired Tobias Åkermark as head of Nordic investment banking and Anthony Samengo-Turner as head of M&A for Germany, Austria and Switzerland in recent months.

Barclays has also shaken up the senior ranks of its investment bank amid a record deal boom that has produced $60bn in fees during the first half of the year.  Jean-Francois ‘JF’ Astier and John Miller were named co-heads of investment banking and will lead a new management team within the division, comprised of 11 senior bankers, largely based in New York.

To contact the author of this story with feedback or news, email Paul Clarke

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