Barclays Expands Energy Banking Team

Barclays Capital, the investment banking division of Barclays Bank PLC, appointed five new executives to its energy team in the U.S. The bank said the hires were part of its "build-out" of an integrated U.S. energy platform designed to enhance client coverage "from exploration through distribution."

Santino Basile was hired as managing director, and will lead investment banking efforts on independent power producers, developers and energy-focused financial sponsors. John Eleoterio and Juan Kreutz will be a part of the firm's broader energy effort, while Bill Cassidy and Richard Mandery will lead the firm's efforts in oil & gas. All five are based in New York.

Mathew Pendo, co-Head of U.S. Investment Banking, says the hires demonstrate the bank's "continuing commitment to the energy sector."

Previously, Basile was with WestLB AG and CSFB. He graduated from the Geneva College of Business and Administration in Switzerland, and the New York International Bankers School. Eleoterio and Kreutz also came from WestLB AG, where Eleoterio focused on U.S. independent power producers and Kreutz covered power and utilities groups and financial sponsors. Eleoterio received his bachelor's degree in economics and finance from Bentley College. Kreutz earned his MBA from NYU's Stern School of Business.

Cassidy and Mandery both worked in the Natural Resources Group at Banc of America Securities. Cassidy was a senior member of the group, focusing on the on the oil and gas sector. He received his MBA from the Wharton School at the University of Pennsylvania. Mandery also focused on oil and gas, and received his MBA from Columbia Business School.