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Eight more ex-Lehman U.S. M&A bankers who could quit Barclays soon

Ex-Lehman people are leaving Barclays. Seven have gone so far, mostly in the U.S. and mostly in M&A.  Who will go next? We suggested several names last week. Now we'd like to suggest some more. The men below are considered a flight risk on the grounds that they a) spent much of their careers at Lehman before switching to Barclays in 2008 and they b) work in M&A, which was Skip McGee's personal territory.

Trushar Morzaria, Barclays' CFO, said this morning that the bank is untroubled by the departures from its U.S. M&A business. Barclays has a "depth of talent" said Morzaria. However, he also cited U.S. M&A as one of the few bright spots in Barclays' second quarter earnings. On this basis alone we suspect that Morzaria would actually prefer it if the following people stay put.

1. William Bowmer

Who? An investment banking MD in Barclays' San Francisco office. Former head of global tech equity capital markets at Lehman Brothers.

2. Andrew Burch

Who? Head of healthcare M&A at Barclays. Previously head of healthcare M&A at Lehman, where he worked for four years before joining Barclays.

3. Wilco Faessen

Who? MD and head of Barclays' investment banking activities in the consumer health and nutrition sectors and alcoholic beverages and beverages sector. Spent five years at Lehman before moving to Barclays.

4. Maarten de Jong

Who? Barclays' head of healthcare M&A. Spent 8.5 years at Lehman before joining Barclays.

5. Kirk Kaludis

Who? Head of communications technology banking at Barclays. Previously spent eight years at Lehman.

6. Robert Peterson

Who? Global head of aerospace and defence investment banking at Barclays. Previously spent 12.5 years at Lehman Brothers.

7. George Patterson

Who? Barclays' co-head of global software, systems and solutions investment banking. Spent nearly four years as a VP and senior VP at Lehman before joining Barclays.

8. Stephen Wolitzer

Who? Barclays' executive chairman of M&A. Spent 31 years at Lehman before coming to Barclays.

Related articles:

10 other Lehman bankers who could follow Skip McGee out of Barclays 

Surprise! Massive pay cut at Barclays’ investment bank. Investment bank hiring at UBS

Skip McGee’s departure signals Barclays’ intention to cut pay

 

 

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AUTHORSarah Butcher Global Editor

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