Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Barclays PLC
  6. News
  7. Summary
    BARC   GB0031348658


Delayed Quote. Delayed London Stock Exchange - 09/24 11:36:24 am
183.74 GBX   -0.12%
09/24Barclays Hit With $327.5 Million Bribery Lawsuit
09/23WESTPAC BANKING : Names New Westpac New Zealand CEO
09/23Remittance processor Remitly valued at over $8 billion after strong market debut
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Barclays : elevates M&A veteran Colizzi in investment banking revamp

07/21/2021 | 08:26am EDT
FILE PHOTO: A Barclays bank building is seen at Canary Wharf in London

LONDON (Reuters) - Barclays has elevated one of its most senior M&A bankers, Pier Luigi Colizzi, to lead its investment banking business in continental Europe while also giving him a seat on its Europe executive committee, according to a statement on Wednesday.

Colizzi, who heads the M&A franchise in Europe, the Middle East and Africa, will retain his current responsibilities and lead the M&A team out of Milan where he recently relocated.

A 27 year-old investment banking veteran, he joined Barclays in 2012 and has been instrumental in winning mandates on behalf of a wide range of clients including energy firm Enel and telecom operators Telenor and Masmovil.

"Barclays Europe aims to be a consistent top tier bank in Continental Europe and Pier Luigi's leadership skills, strong client relationships and strategic insight will help us achieve that target," said Barclays Europe's CEO Francesco Ceccato.

Colizzi's appointment is part of a series of internal promotions under a revamp of the investment banking leadership, aimed at making the most of booming activity.

Global M&A broke records for a second consecutive quarter this year, with deals worth $1.5 trillion announced in the second quarter as companies continued to borrow cheaply and spend their cash reserves on transformative deals to reposition themselves for the post-COVID world.

The British bank recently appointed Jean-Francois Astier and John Miller as co-heads of investment banking along with Kristin Roth DeClark and Taylor Wright as global co-heads of capital markets.

Barclays has also reshuffled its financial institution group (FIG) following the departure of its EMEA technology co-head Ahsan Raza who is taking on an executive job as chief financial officer of Calastone, an investment funds transaction network backed by Carlyle, a source familiar with the matter said.

Barclays' head of FIG for central and eastern Europe (CEE), Greece and Turkey, Luca Maiorana, has been promoted to lead the fintech banking franchise for EMEA, according to a memo seen by Reuters.

Maiorana, 36, is also in charge of asset management across EMEA.

To strengthen its fintech coverage Barclays has poached Standard Chartered's global head of fintech banking, Lucy Demery, who recently joined as a managing director in London.

Its EMEA fintech team has dedicated bankers focusing on key areas where finance and technology converge, such as Alfonso Martinez and Rodolfo Pambianco covering exchanges and insurance-tech, respectively, while Marco Dell'Aria Burani looks after wealth-tech and Tihomir Kerkenezov digital banks.

(Reporting by Pamela Barbaglia, editing by Louise Heavens)

By Pamela Barbaglia

ę Reuters 2021
All news about BARCLAYS PLC
09/24Barclays Hit With $327.5 Million Bribery Lawsuit
09/23WESTPAC BANKING : Names New Westpac New Zealand CEO
09/23Remittance processor Remitly valued at over $8 billion after strong market debut
09/23LONDON STOCK EXCHANGE : Stronger pound weighs on London's FTSE after BoE's rate view
09/23Remittance processor Remitly valued at over $8 bln after strong market debut
09/23European ADRs Move Sharply Higher in Thursday Trading
09/23Barclays plc Hires Antony Stephen to Lead PoS Finance Business
09/23BARCLAYS : “Working men need to normalise their involvement in childcare duties&rdqu..
09/23BARCLAYS : announces new CEO of point-of-sale finance business
09/23EVE SLEEP PLC : Interim Results -2-
More news
Analyst Recommendations on BARCLAYS PLC
More recommendations
Sales 2021 21 441 M 29 310 M 29 310 M
Net income 2021 5 235 M 7 156 M 7 156 M
Net Debt 2021 - - -
P/E ratio 2021 6,10x
Yield 2021 3,28%
Capitalization 30 938 M 42 291 M 42 291 M
Capi. / Sales 2021 1,44x
Capi. / Sales 2022 1,42x
Nbr of Employees 83 000
Free-Float 99,6%
Duration : Period :
Barclays PLC Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BARCLAYS PLC
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 23
Last Close Price 183,74 GBX
Average target price 224,35 GBX
Spread / Average Target 22,1%
EPS Revisions
Managers and Directors
James Edward Staley Group Chief Executive Officer & Executive Director
Tushar Morzaria Group Finance Director & Executive Director
Nigel Paul Higgins Group Chairman
Mark Ashton Rigby Group Chief Operating Officer
Laura Padovani Group Chief Compliance Officer
Sector and Competitors