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Friday, 23 August 2019

MOVES-Barclays investment banking chairman Taylor leaves

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Richard Taylor, one of Barclays’ most senior investment bankers, is leaving the British bank after eight years there.

Taylor is chairman of global corporate and investment banking at the bank, based in London. He joined Barclays in 2011 to help run and build up its UK investment banking activities.

Barclays confirmed Taylor will leave, adding that his departure has been amicable. He told the bank in April he intended to leave to pursue other interests, but agreed to stay until the end of July to complete a number of client assignments, including successfully defending Provident Financial from a hostile takeover bid.

As well as his initial UK-focussed role, Taylor’s other jobs at Barclays have included running its European activities, co-heading its global investment banking division and his current role of chairing CIB since 2016.

He is expected to take some time out and pursue new opportunities in the new year. He is on the advisory board of The Sutton Trust, a UK charity that encourages social mobility.

Taylor joined Barclays after a decade at Bank of America Merrill Lynch, including as its corporate and investment banking for the UK and Ireland.

 

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