Barclays appoints new co-heads of Investment Banking

Barclays (BCS) announces that Taylor Wright and Cathal Deasy have been appointed Co-Heads of Investment Banking, effective March 27 and subject to regulatory approvals. "In their new roles, Mr. Wright and Mr. Deasy will jointly manage the business across coverage and product groups and will be tasked with deepening client relationships and dealmaking efforts around the world. They will report to Paul Compton, Global Head of Barclays’ Corporate & Investment Bank and President, Barclays Bank Plc, and will join the CIB Management Team," the company announced. Wright joined Barclays in 2019 as Co-Head of Americas Equity Capital Markets. Deasy was most recently Global Co-Head of M&A, and EMEA Co-Head of Investment Banking and Capital Markets, at Credit Suisse (CS). "In their expanded and new roles, Taylor and Cathal will make a formidable team as we continue to progress building a resilient and diversified Corporate and Investment Banking franchise. Our strategy is fundamentally grounded in delivery for clients, and their leadership will best prepare Barclays for the coming decade of investment banking," commented Paul Compton.