Ken Lee, the former head of Barclays' European equity research, who left the firm last September has re-emerged doing something that couldn't have been more different than his previous investment banking stints. He joined the London School of Economics and Political Science (LSE) as an associate professor earlier this month.
Lee began at Barclays in 2009, when it launched its European equity business and was instrumental in building it up. He left the firm last year, after Barclays hired Rupert Jones, Morgan Stanley's former head of European equity research to replace him.
Equity researchers have been squeezed under MiFID II, which requires banks to charge separately for their research services. When Jones left last year, Barclays said he had been actively involved in briefing Morgan Stanley's customers about the impact of MiFID II. "As we head into MiFID II, research is all the more central to the success of our overall European equities business," Barclays said.
When Lee left, he was said to be pursuing, "interests outside of banking." Those interests were clearly going into academia. Immediately after leaving Barclays, he became a teaching fellow at Aston Business School, and a senior lecturer at Roehampton University. According to his LinkedIn profile, he still holds these positions.
In some ways, Lee's career seems to have come full circle. He began his career in 2000 as a training consultant at BG Consulting, which offers customized financial training courses. He then moved to Citi Investment Research as an accounting and valuation analyst in 2004 and remained there till he joined Barclays as a managing director and head of equity research, EMEA.
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