Barclays Names Lehman Veteran Wieseneck to New Strategy Role
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Barclays Plc named Larry Wieseneck to a new role of chief strategy officer for corporate and investment banking and said John Langley and Joe McGrath will take over the capital markets unit that Wieseneck ran.
Wieseneck, 46, who led or co-led the underwriting business of Lehman Brothers Holdings Inc. and then Barclays since 2003, will assume his new duties immediately and report to Jerry del Missier and Rich Ricci, co-heads of the London-based bank’s securities unit, according to an internal memo from del Missier and Ricci obtained by Bloomberg News. Mark Lane, a spokesman for Barclays in New York, confirmed the memo’s contents.